Kasumigaseki Capital Co., Ltd. Reports Impressive Financial Results for Q4 2024.
Kasumigaseki Capital Co., Ltd., a leading electric utilities company, has recently announced its financial results for the quarter ending Nov 2024. The company has shown a remarkable growth in its pre-tax profit, net profit, and net sales, with a positive trend in the near term. In fact, Infinhub has given a 'Strong Buy' call for the company's stock.
According to the financials, Kasumigaseki Capital Co., Ltd. has seen a 597.23% YoY growth in its pre-tax profit, which is a clear indication of the company's strong performance. The net profit has also increased by 761.9% YoY, showing a positive trend in the near term. The net sales have grown by 26.21% YoY, indicating a positive sales trend for the company.
One of the key factors contributing to the company's success is its high operating profit margin, which is currently at 20.78%. This is the highest in the last five periods and shows an improvement in the company's profit margin. Additionally, the company's short-term liquidity is also improving, with a high cash and equivalent balance of JPY 44,255.49 MM in the last six semi-annual periods.
On the downside, the company's interest cost has increased by 9.37% QoQ, which could be a result of increased borrowings. However, this is a minor setback compared to the overall positive performance of the company.
In conclusion, Kasumigaseki Capital Co., Ltd. has shown a strong financial performance in the quarter ending Nov 2024, with a positive trend in the near term. With a 'Strong Buy' call from Infinhub, the company's stock is expected to perform well in the future.