Zero's Fiscal Q1 Profit Slips 7.4%

MT Newswires

Nov 14

Zero (TYO:9028) recorded an attributable profit of 1.75 billion yen in the quarter ended Sept. 30, down 7.4% from 1.89 billion yen a year prior, a Thursday Hong Kong bourse filing by parent Tan Chong International (SGX:T15, HKG:0693) said.

Shares of Tan Chong International were down nearly 4% in Friday afternoon trading.

Earnings per share stood at 103.10 yen in the first fiscal quarter, down from 111.55 yen in the corresponding period of the last fiscal year.

Sales revenue for the three months jumped 3.3% to 35.5 billion yen from 34.3 billion yen in the year-ago period.

The firm expects an attributable profit of 7.2 billion yen, a basic EPS of 425.11 yen, and a sales revenue of 145 billion yen for the full year ending June 30, 2026.

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