S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

CMC Corp Profits Surge 62% in Strong First Quarter Performance

Japanese firm CMC Corp (2185.TO) reported a sharp increase in its first-quarter earnings, with net profit climbing to ¥562 million for the period ending December 31. The results mark a robust start to the 2025 fiscal year, fueled by a double-digit rise in revenue and significantly improved operating margins.

CMC Corp Profits Surge 62% in Strong First Quarter Performance

The Nagoya-based company saw its operating profit more than double, reaching ¥660 million compared to ¥260 million during the same period last year. This surge in profitability highlights a period of strong execution as revenue grew 23% to ¥4.57 billion. The performance underscores a momentum shift for the group as it navigates the current fiscal cycle.

Growth Across Key Metrics

Pretax profits also saw a significant lift, rising to ¥844 million from ¥528 million a year earlier. On a per-share basis, earnings improved to ¥43.47, up from ¥26.11 in the prior-year quarter. These figures, which follow Japanese accounting standards, indicate a broad strengthening of the company's balance sheet.

The quarterly results reflect a consistent upward trajectory for CMC Corp as it enters 2025. While the company did not provide specific guidance updates in this release, the year-on-year growth in net income—rising from ¥346 million to ¥562 million—positions the firm strongly for the remainder of the fiscal year.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!