Oyo Corporation reports strong Q2 growth driven by domestic segments

Oyo Corporation reported net sales of 36.8bn yen for the six months ended June 30, up 6.5% year-over-year, with profit attributable to owners surging 32.3% to 2.6bn yen.

Growth was driven by domestic segments, with Disaster Prevention and Infrastructure sales rising to 13.6bn yen and Environment and Energy reaching 15.1bn yen. However, the International segment declined to 8.1bn yen, posting a 393m yen loss.

The company maintained its full-year forecast of 75bn yen in net sales and 3.3bn yen profit.