Systena Corporation’s Strong Q1 Leads to Optimistic Year-End Forecast

Systena Corporation (JP:2317) has released an update.

Systena Corporation reports a robust start in the first quarter of 2024, with a 5.4% increase in net sales and a significant 48.9% surge in profit attributable to owners compared to the previous year. The company’s positive financial performance is also reflected in a strong equity-to-asset ratio of 70.8% as of June 30, 2024. Looking forward, Systena projects a healthy year-end, with net sales forecasts ranging between 10.5% to 30.0% growth, and an increase in basic earnings per share to 18.98 to 22.78 yen.

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