KPP Group earnings dip despite revenue growth

KPP Group Holdings (TSE: 9274) announced its financial results for the nine months ended December 31, 2024, reporting a 3.7% increase in net sales to ¥500.82 billion. Despite the revenue growth, operating profit declined by 11.0% to ¥8.75 billion, and ordinary profit fell by 22.8% to ¥5.947 billion. Profit attributable to owners of the parent company decreased by 14.7% to ¥4.951 billion. Basic earnings per share were reported at ¥72.60. The company has revised upwards its financial forecast for the year ending March 31, 2025 and forecasts annual dividends of ¥34.00, up from ¥22.00 in the previous year. KPP Group's total assets reached ¥364.147 billion, with a shareholders' equity ratio of 22.8%.