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Resona Holdings Reports Strong Q1 FY2024 Growth

Resona Holdings Reports Strong Q1 FY2024 Growth

Resona Holdings (JP:8308) has released an update.

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Resona Holdings has reported a significant increase in financial performance for the first quarter of FY2024, with a 56.4% year-over-year rise in net income attributable to owners, reaching JPY55.3 billion. Core net operating profit grew by 17.3% to JPY65.5 billion, while gross operating profit rose 13% to JPY174.9 billion. The company also completed a share buyback program, enhancing shareholder value by acquiring and canceling 19.5 million shares.

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