JGC Holdings Corporation (1963) Earnings: Operating Profit Up 56.4% to JPY 12.3B, Net Income Doubles

JGC Holdings Corporation (1963) has released its financial results, reporting an operating profit increase of 56.4% year-on-year to JPY 12,355 million. Net sales were JPY 159,299 million, representing a 16.1% decrease compared to the same period of the previous year. Despite the decline in revenue, profitability showed significant improvement. Ordinary profit jumped 132.3% to JPY 21,378 million, and net income attributable to owners of the parent soared 107.4% to JPY 11,617 million.

From a financial structure and valuation perspective, the company maintains a solid equity ratio of 50.0%, reflecting a stable financial foundation. Retained earnings stand robustly at JPY 371.53 billion against interest-bearing debt of JPY 35.82 billion, demonstrating a conservative and sound balance sheet structure. Return on Equity (ROE) is recorded at 2.94% and Return on Assets (ROA) at 1.37%, highlighting areas for future enhancement in capital efficiency and profitability.