Kasumigaseki CapitalLtd Third Quarter 2024 Earnings: EPS: JP¥136 (vs JP¥33.33 loss in 3Q 2023)

Kasumigaseki CapitalLtd (TSE:3498) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥12.8b (up by JP¥10.8b from 3Q 2023).
• Net income: JP¥1.34b (up from JP¥271.0m loss in 3Q 2023).
• Profit margin: 10% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: JP¥136 (up from JP¥33.33 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kasumigaseki CapitalLtd Earnings Insights

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Real Estate industry in Japan.

Performance of the Japanese Real Estate industry.

The company's shares are up 9.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Kasumigaseki CapitalLtd (2 are a bit unpleasant) you should be aware of.

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