Kao Q3 2024 results: operating income up 99.3%
TOKYO, Japan, November 11, 2024-
For the first three quarters of 2024 (Jan. 1-Sept. 30), Kao’s net sales achieved a year-on-year increase of 5.7% to 1,190 billion yen ($7.76 billion). Operating income jumped by 99.3% to 101.06 billion yen. Income before income taxes surged by 90.6% to 104.02 billion yen. Net income spiked by 111.1% to 72.92 billion yen. Profit attributable to owners of parent increased by 118.3% to 71.03 billion yen.
The hygiene and living care business segment includes its businesses of sanitary napkins, baby diapers, laundry detergents, fabric treatments, kitchen cleaning products, house cleaning products and paper-based cleaning products. During the period under review, net sales of this business rose by 3.7% to 393 billion yen.
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