Sotetsu Holdings Shows Strong Quarterly Growth

Sotetsu Holdings, Inc. (JP:9003) has released an update.

Sotetsu Holdings, Inc. reports a robust financial performance with significant year-on-year growth for the quarter ending June 30, 2024, with operating revenue up by 31.3% and profits attributable to owners increasing by 106.5%. The company’s financial stability is further underscored by an improved equity ratio of 24.0%, up from 23.0% at the end of the previous fiscal quarter. Additionally, Sotetsu Holdings forecasts continued growth for the fiscal year, expecting higher operating revenue and earnings per share.

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