Prestige International reports strong Q1 sales and profit growth

Prestige International reported consolidated net sales of 16,723 million yen for the first quarter ending June 30, an 11.1% increase year-over-year. Operating profit rose 11.9% to 1,934 million yen, while net profit attributable to owners jumped 28.9% to 1,013 million yen.

The company expects full-year net sales of 70,000 million yen and net profit of 5,300 million yen.