On the 9th, Quanzhou Electric Power Co., Ltd. announced the differences from the previous fiscal year's results for the fiscal year ending October 2024.
Revenue increased by 9.9% year-on-year to 129.4 billion yen, operating profit increased by 26.6% to 10.3 billion yen, and Net income rose by 32.6% to 7.4 billion yen.
The company cited the main factors for the increase as the growth in sales to Automobiles, a steady trend in sales for Construction and electrical sales due to high Copper prices, and the recognition of special profits.
As a result, the company's Net income per share recorded a significant increase of 425.23 yen, clearly demonstrating the strengthening of its performance.