RS Technologies <3445> announced its financial results for the third quarter of the fiscal year ending December 2024 (January-September 24). Revenue increased by 12.9% year-on-year to 44.554 billion yen, operating profit increased by 1.0% to 9.669 billion yen, ordinary profit decreased by 7.8% to 11.075 billion yen, and net profit for the quarter decreased by 6.2% to 5.593 billion yen.

The trends by segment are as follows.

The Wafer Reclamation Business saw an increase in revenue to 17.299 billion yen, a 14.9% year-on-year increase, and operating profit rose by 11.5% to 6.663 billion yen, driven by increased production investment at the Sanbonmoku and Tainan factories.

The Prime Wafer Business recorded revenue of 15.752 billion yen, a 3.4% increase, and operating profit of 3.767 billion yen, a 10.1% increase. Efficiency improvement measures led to an operating margin improvement of 1.5 points to 23.9%.

The Semiconductor-related Equipment and Materials Business saw revenue increase by 22.2% to 12.534 billion yen, influenced by a significant project in the first quarter. However, a decline in sales of specific trading items in the business segment affected operating profit, which decreased by 42.1% to 0.484 billion yen.

Regarding the full-year performance forecast for the fiscal year ending December 2024, revenue is expected to increase by 5.8% to 54.9 billion yen compared to the previous period. Operating profit is projected to increase by 17.7% to 14 billion yen, ordinary profit by 3.2% to 15.4 billion yen, and net profit attributable to the parent company shareholders to decrease by 1.3% to 7.6 billion yen, remaining in line with the initial plan.