SBHGF - SBI Holdings Inc. (SBHGF) Q3 2024 Earnings Call Transcript
2024-02-08 00:13:09 ET
SBI Holdings, Inc. (SBHGF)
Q3 2024 Earnings Conference Call
February 6, 2024 09:30 p.m. ET
Company Participants
Conference Call Participants
Presentation
Unidentified Company Representative
Thank you very much for joining us today for this briefing on SBI Holdings Consolidated Performance for Nine Months FY 2023. For the first – for the interim results and the year-end results, Kitao explains about them and this is the third quarter, so please bear with me.
Starting with the consolidated performance, I'd like to read those numbers in the unit of billions. Revenue JPY164.7 billion. Profit before income tax expense JPY 100.1 billion. In the period for the period JPY70.1 billion. Profit attributable to owners of the company JPY 59.6 billion. So both revenue and profit increased year-on-year for the revenue. It is record high.
So the JPY1 trillion, that is our target for the one year and it is almost certain that we will achieve it. Since the Shinsei has become the member of the group, it is always at least JPY200 billion and that is the quarterly number and also the recently share prices are coming up and JPY 1 trillion yen is also observed for the market cap.
The same time last year, the net profit was rather small and this is because of TPBank listed in Vietnam and their share price went down and there was the fair value losses and in the crypt asset business, the losses were large. So because of these two factors, the profit attributable to owners of the company was low the same period last year. But this year, we do not have such factors. So net profit increased by 600%, almost 7x year-on-year. So this is actually the more natural figure for us. ...
SBI Holdings, Inc. (SBHGF) Q3 2024 Earnings Call Transcript