NSHD releases first quarter results for FYE2023


Industrial gases company Nippon Sanso Holdings Corporation (NSHD) has reported consolidated financial results for the first quarter of fiscal year ending 31st March, 2023.

The first quarter (1st Q) of FYE saw the company’s revenue stand at ¥276bn ($2bn), a 26.3% increase on a comparable basis to 1st Q FYE2022’s figure of ¥218.3bn ($1.6bn). 

Core operating income was reported at ¥30.2bn ($226.4m), a 23.2% increase on 1st Q FYE2022’s figure of ¥24.5bn ($183m), while operating income increased by 11.5%. 

Net income for 1st Q FYE2023 was reported as ¥17.9bn ($134m), a 7.6% increase on 1st Q FYE2022’s figure of ¥16.4bn ($123m). 

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