Meitec (JP:9744) has released an update.
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Meitec Group Holdings Inc. reported a robust first quarter for the fiscal year ending March 31, 2025, with a 5.1% increase in consolidated net sales and significant growth in operating and net profits by 12.5% and 22.2% respectively. The Engineering Solutions Business saw stable orders due to continued client investment in technology, while the firm experienced a rise in the number of engineers and improved utilization rates. Conversely, the Recruiting & Placement Business for Engineers faced a decline in job placements, although it still managed a slight increase in operating profit.
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