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bullish
Q2 Follow Up - COPRO-HOLDINGS (7059 JP)
SUMMARY
- COPRO-HOLDINGS (hereafter the Company) key consolidated figures increased sharply, including net sales of JPY 14,227 mn (+27.7% YoY), operating profit of JPY 1,237 mn (+67.9% YoY), Non-GAAP operating profit of JPY 1,439 mn (+67.0% YoY), ordinary profit of JPY 1,257 mn (+55.1% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 797 mn (+56.4% YoY).
- Higher sales at COPRO Construction, the Company's core construction technician dispatching business, led to higher gross profit and a lower fixed cost ratio.
- As a result, operating profit at COPRO Construction rose by 42.5% YoY, contributing significantly to the Company's earnings growth.
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