WDB Holdings see profits hit in Q1

WDB Holdings Co. Ltd has released its financial results for the second quarter of its full year ending 31st March 2019. The company recorded 10.7% revenue growth year on year to ¥20,421m whilst its profits were ¥1,537m, down 17.8% on a year ago. In a company statement, president and CEO, Toshimitsu Nakano, commented, “I am pleased to report that we are forecasting sales of ¥42,600m and profits of ¥2,903m for our next fiscal year.”