Visional's Attributable Profit Jumps Over 30% in Fiscal 2024

MT Newswires Live

Sep 12, 2024

Visional's (TYO:4194) profit attributable to owners of the parent jumped 30.8% to nearly 13 billion yen in the fiscal year ended July 31, from 9.93 billion yen a year ago, as higher sales were bolstered by a gain on the sale of subsidiaries' shares.

The human resources platform services company said earnings per share (EPS) rose to 313.74 yen from 239.09 yen a year ago, according to a Thursday filing.

Net sales gained 17.5% to 66.1 billion yen from 56.3 billion yen a year earlier.

It forecasted attributable profit to grow 3.7% to 13.5 billion yen or 339.79 yen per share and net sales to gain 15.5% to 76.4 billion yen for the fiscal year ending July 31, 2025.

The company did not declare or forecast any dividend payments for the current year.

Visional's shares gained over 2% at market close.

Price (JPY): $9160.00, Change: $+190, Percent Change: +2.12%

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