Joshua Cooper

Fuji Seal's revised forecast lifts stock price

Fuji Seal announced a revision of its full-year consolidated earnings forecasts for FY25 on February 12, 2025. The company now anticipates net sales of JPY213bn, up from the previous forecast of JPY203bn. Operating profits are expected to reach JPY18.6bn, a 20.8% increase from the earlier estimate of JPY15.4bn. This upward revision is attributed to growth in existing businesses and the favorable impact of a weaker yen on overseas subsidiaries. Investors reacted positively to the news, leading to an appreciation in the stock price by 11.8% to JPY2,670 compared to the previous day’s close.

March 18, 2025 at 06:03 pm

Maruwa's 3Q revenue results disappoint investors

Maruwa's Q3FY25 results, announced on January 29, 2025, showed an 8.0% y/y revenue increase to JPY18.3bn, a 20.9% y/y rise in operating profit to JPY6.9bn with margins of 37.7%, and a 44.4% y/y surge in net profit to JPY5.5bn. However, revenue missed market expectations of JPY18.9bn by 3.5%, leading to a 29% stock correction since the announcement. The revenue miss overshadowed strong profit growth, causing negative investor sentiment.

March 14, 2025 at 11:46 am

Acom reports double-digit profit growth in 9M24

ACOM published its 9M24 financial results on January 31, 2025, reporting 8.1% y/y increase in operating revenue to JPY236.8bn, driven by growth across all segments. The Loan and Credit Card Business grew by 9.1% y/y, the Guarantee Business by 7.6% y/y, and the Overseas Financial Business by 6.3% y/y. Additionally, operating profit increased by 11.7% y/y, reaching JPY74.7bn, while net profit rose by 12.5% y/y to JPY46.9bn. The stock reacted positively to these results, rising approximately 5% the following day.

March 13, 2025 at 01:01 pm

S-1 Corporation reports mixed results for FY24

S-1 Corporation announced its FY24 results on January 24, 2025, with FY24 revenues of KRW2,805bn, up 7% y/y. This growth was driven by a 17% increase in Product sales, a 10% rise in Building management services, and a 5% growth in Alarm, Digital, and IoT security solutions. However, profitability metrics declined, with operating profit down 2% y/y, resulting in a 7.5% margin, a 60 bps drop. Net profit fell 7%, with margins contracting by 90 bps to 6.3%.

March 12, 2025 at 11:52 am

Nippon Paint reports record sales and operating profits

Nippon Paint's FY24 sales reached JPY1,639bn, exceeding the February 2024 guidance of JPY1,600bn by approximately 2.4%. This 13.6% increase was driven by a 3% volume growth, particularly in the decorative segment, a 5% contribution from favorable FX, and a 3% boost from new consolidations. The company also reported a record high operating profit of JPY188bn, up 11.2%, with operating profit margins of 11.5%. These impressive figures were well-received by the market, with the stock rising 22% since the earnings release.

March 11, 2025 at 01:30 pm

Alliance Bank's 3Q earnings grow, NIM faces challenges

The bank's Q3 FY25 results showed strong performance, with net interest income up 11.8% YoY to MYR494.5mn, driven by a 14.2% increase in loan volumes to MYR61bn. However, NIMs declined 4 bps QoQ to 2.45%. The cost-to-income ratio was 46.8%, better than guidance. Customer deposits rose 13.3% to MYR61.7bn, with a CASA ratio of 39.4%, among the highest in the industry. Net profit increased by 5.5% YoY mainly driven by higher revenue growth.

March 10, 2025 at 02:08 pm

Elite Material's exceptional FY24 results trigger stock price rally

Elite Material Co., Ltd. reported FY24 earnings with sales of TWD64.4bn, reflecting a robust 56% y/y increase. Operating income rose to TWD12.2bn, marking a substantial 65% y/y growth, while margins expanded by 100 bps to 19%. Additionally, net income surged to TWD9.6bn, representing a staggering 75% y/y increase, with margins expanding by 200 basis points to 15%. Consequently, EPS increased to TWD27.3 from TWD15.8. The stock price rose 10% the following day, reaching an all-time high of TWD633.

March 07, 2025 at 01:04 pm

ASPEED achieves phenomenal Net Income growth in 2024

ASPEED Technology reported significant growth for the year ending December 31, 2024, with sales increasing to TWD6.5bn from TWD3.1bn and net income rising to TWD2.6bn from TWD1.0bn. Diluted EPS surged to TWD68 from TWD27.

March 06, 2025 at 01:23 pm

Earnings surge propels SoftBank stock to new heights

SoftBank Corp. published its third quarter business update on February 10, 2025, reporting a 6.6% y/y increase in revenue to JPY4.8tn. EBIT rose 12.3% to JPY822bn, with a margin improvement of 90 bps to 17.1%. Net profit grew 8.4% to JPY545bn, achieving an 11.3% margin. Jefferies subsequently raised SoftBank’s target price to JPY234, maintaining a “Buy” rating. The stock surged over 7% post-earnings, reaching an all-time high of JPY215.

March 05, 2025 at 05:26 pm

Rakus surged after strong Q3 earnings

The company reported a y/y increase of 23.3% in net sales, reaching JPY12.5bn in third quarter of FY25. This growth was primarily driven by a 24.2% y/y increase in the cloud business, which generated JPY10.7bn. Additionally, the IT sourcing business saw an 18% y/y increase, totaling JPY1.8bn. Rakus's subscription sales ratio stands at 92.5%, and the ARR has reached JPY40.3bn as of 3QFY25. Following the release, the stock price surged 4.3% to JPY2,112.

March 04, 2025 at 01:27 pm

Al Rajhi Bank's 2024 Net Income hits all-time high

By the end of 2024, Al Rajhi Bank achieved a record-breaking annual net income of SAR19.7bn, reflecting an 18.7% YoY growth. This robust performance was primarily fueled by a 16.4% increase in operating income compared to the previous year. The key contributors to this growth were a 16.8% rise in net financing and investment income, alongside a 15.2% increase in non-yield income.

March 03, 2025 at 04:40 pm

ANZ Group Holdings stock falls on higher impairments

ANZ Group Holdings Limited experienced a share price decline of approximately 3% after releasing its 1QFY25 financial results on February 19, 2025. The bank reported a 2% y/y increase in customer deposits across its retail and commercial divisions and a 4% y/y growth in net loans and advances, primarily driven by the institutional division. However, investor sentiment was negatively impacted by an AUD200mn rise in gross impaired assets to AUD1.9bn, mainly due to Australian mortgage restructures.

February 28, 2025 at 01:34 pm

Zhaojin Mining and Zhaojin Jinye unite in strategic partnership

Zhaojin Mining Group has entered into a finished gold sales framework agreement with Zhaojin Jinye. Under this agreement, Zhaojin Mining Group will sell finished gold to Zhaojin Jinye for the period from December 13, 2024, to December 31, 2026. The pricing for the finished gold will be based on the market price at that time. The group anticipates that the annual sales caps for finished gold, starting from FY24, FY25, and FY26, will not exceed CNY40mn, CNY150mn, and CNY250mn, respectively.

February 27, 2025 at 07:44 pm

Robust earnings drive brokers to upgrade UOB target prices

United Overseas Bank reported its full-year 2024 results on February 18, 2025, revealing a 9% y/y increase in net profit for the fourth quarter. This growth was primarily driven by higher net interest income and loan growth. Additionally, UOB announced a SGD3bn capital distribution package to be executed over the next three years.

February 27, 2025 at 01:03 pm

Historic earnings report sends Coway's shares soaring

In 2024, Coway reported a revenue milestone of KRW4.3tn, marking the first time the company has reached this level since its inception. This achievement follows a significant revenue increase from KRW3tn in 2019, accomplished within a span of just five years. The company exceeded its financial targets, achieving 102% of its revenue goal and surpassing its operating profit target by 104%. Share prices were up 6% the next day and have risen over 15% since the announcement.

February 26, 2025 at 06:17 pm

Westpac Banking shares slide after disappointed earnings

Westpac Banking Corporation published its 1QFY25 financial results on 17th Feb 2025. Westpac’s quarterly results showed an unaudited net profit of AUD1.7bn, a 9% decline from 2HFY24. Despite revenues meeting expectations, the net profit fell short, prompting a 3% drop in the share price the next day and an over 10% decline to date. Consequently, Jarden Research downgraded Westpac to underweight from neutral, adjusting the target price to AUD31.2.

February 24, 2025 at 02:00 pm

Lifco AB shares skyrocket to historic high after 4Q success

Lifco AB shares hit a record SEK409 on February 18, up 15% since reporting Q4 results on January 30. Lifco posted Q424 revenues of SEK7.1bn, reflecting a 10.6% y/y growth and exceeding analysts' estimates by 2.4%. Additionally, the company reported an EBITDA of SEK1.8bn, surpassing analyst expectations by an impressive 13%. In light of these strong results, UBS initiated coverage with a target price of SEK420, while Carnegie raised its target price to SEK425 from SEK355.

February 21, 2025 at 05:15 pm

IEX reports robust Q3FY25 performance

Indian Energy Exchange delivered a solid financial performance in Q3FY25, demonstrating strong volume growth and stable profitability. The company’s consolidated revenue rose 13.7% YoY to INR1.61bn, driven by increased electricity trading volumes and higher renewable energy certificate transactions. EBITDA for the quarter stood at INR1.46bn, reflecting a stable EBITDA margin of 90.7%, while net profit surged 16.9% YoY to INR1.07bn, underlining its operational efficiency and cost optimization strategies.

February 20, 2025 at 07:55 pm

Uni-President Enterprises' revenue growth streak reaches 17 quarters

Uni-President Enterprises reported 3Q24 sales of NT$179bn, driven by robust growth in food and beverage sales at Uni-President China Holdings, as well as strong performances from 7-Eleven Taiwan, 7-Eleven Philippines, and CosMed. This marks the seventeenth consecutive quarter of positive revenue growth. Additionally, the company achieved a record high operating profit of NT$10.9bn, with operating margins of 6.1%.

February 20, 2025 at 01:45 pm

Aldar Properties’ stock hits record high

Aldar Properties has announced record-breaking financial results for 2024, showcasing a remarkable 62% YoY increase in sales, reaching AED23bn. EBITDA surged by 51% to AED7.7bn, while net profit saw a substantial rise of 47%, amounting to AED6.5bn. This impressive performance marks the seventh consecutive quarter where revenues have exceeded consensus expectations. Following these outstanding results, Aldar's share price soared to an all-time high of AED9.25.

February 19, 2025 at 11:45 am

Steady rise in sales for Cochlear in 1HFY25

Cochlear announced the release of its 1HFY25 results on February 14, 2025. The group reported an increase in sales by 5% YoY to AUD1,170mn, with strong growth in sales in cochlear and acoustic implants, offset by a decline in Services revenue. Underlying net profit rose 7% to AUD206mn, with a margin expansion of 100 bps to 18% during the period.

February 18, 2025 at 07:49 pm