Ks Holdings reports 60% profit jump on seasonal sales

Ks Holdings Corporation reported profit attributable to owners jumped 59.7% to 4.565 billion yen in the first quarter. Operating profit surged 26.1% to 5.27 billion yen while net sales rose 2.7% to 177.787 billion yen.

The strong performance was driven by brisk sales of seasonal products like air conditioners and favorable trends in mobile phones and PCs. The company maintained its full-year forecast of 755 billion yen in net sales.