Asahi Kogyosha Co., Ltd. (JP:1975) has released an update.
Asahi Kogyosha Co., Ltd. reports a decrease in net sales by 3.9% but a significant increase in operating profit by 56%, ordinary profit by 49.1%, and profit attributable to owners by 51.3% for Q1 of FY2025 compared to the same quarter last year. The company’s total assets decreased from the end of the last fiscal year while the net assets remained relatively stable, resulting in a higher shareholders’ equity ratio of 58.7%. Despite a stock split, the forecast for the end-of-year dividends includes a commemorative bonus, marking the company’s 100th anniversary.
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