APA Group has announced its financial results for the fiscal year ending November 2023, reporting a net profit of 37.32 billion yen.
Consolidated sales reached 191.227 billion yen (up from 138.237 billion yen in the previous period), operating income was 56.676 billion yen (up from 35.833 billion yen), and ordinary income was 55.277 billion yen (up from 35.315 billion yen), marking increases in both revenue and profit.
With a rapid recovery in demand from domestic leisure and inbound tourism, both sales and ordinary income hit record highs. For the fiscal year ending November 2024, while high demand is expected to continue, profit levels are anticipated to remain flat due to a significant increase in costs.
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