Daiseki Co ( (DSKIF) ) has released its Q1 earnings. Here is a breakdown of the information Daiseki Co presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Daiseki Co., Ltd. is a Japanese company listed on the Tokyo and Nagoya Stock Exchanges, specializing in environment-related services such as industrial waste treatment, soil remediation, and lead recycling. In its latest earnings report for the three months ended May 31, 2025, Daiseki Co. reported a record-high net sales of ¥17,912 million, marking a 7.2% increase year-on-year. However, the company faced declines in operating profit, ordinary profit, and profit attributable to owners of parent, which decreased by 1.9%, 7.2%, and 9.1% respectively. The industrial waste treatment business achieved record-high sales, while the soil remediation business exceeded expectations due to large-scale projects. Conversely, the lead recycling and tank washing businesses faced challenges due to market fluctuations and project scheduling. Despite these mixed results, Daiseki Co. remains committed to its environmental mission, focusing on resource optimization and community engagement. Looking ahead, the company maintains its financial forecasts for the fiscal year ending February 28, 2026, anticipating steady growth in net sales and profits.