Ichiyoshi Securities Co.,Ltd. [8624.T]
TOKYO, Apr 28 (Pulse News Wire) – Ichiyoshi Securities CO.,LTD. (8624.T) reported its fiscal Q2 operating revenue increased by ¥56 million to ¥241 million compared to the same period last year.
The company also saw a rise in ordinary profit by ¥37 million to ¥62 billion and net income attributable to shareholders grew by ¥28 million to ¥45 million. In detail, the increase in revenue was primarily driven by higher commission fees, which rose by ¥56 million to ¥241 million. Trading gains contributed significantly, increasing by ¥995 million to ¥995 million due to favorable foreign exchange movements.
Additionally, general administrative expenses climbed by ¥1.870 billion, mainly attributed to rising personnel costs. The firm's equity-to-assets ratio improved to 56.2%, while earnings per share stood at ¥137.32. The balance sheet showed total assets growing by 9.2%.
Prepaid funds and cash deposits increased, contributing positively to liquidity.
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