Ootoya Holdings reports 17.5% revenue growth in Q1

Ootoya Holdings reported consolidated net sales increased 17.5% year-on-year to 8,704 million yen in the first quarter ending June 30. Operating profit rose 23.1% to 453 million yen and ordinary profit increased 17.3% to 472 million yen.

However, net income attributable to owners fell 11.8% to 257 million yen despite the strong operational performance.