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Atsugi Co., Ltd. Q1 Shows Financial Recovery

Atsugi Co., Ltd. Q1 Shows Financial Recovery

Atsugi Co., Ltd. (JP:3529) has released an update.

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Atsugi Co., Ltd. reported a decrease in net sales by 6.2% and a positive profit attributable to owners of the parent of 22 million yen for the first quarter ending June 30, 2024, compared to a loss in the same period the previous year. Total assets increased slightly to 42,931 million yen, maintaining a strong equity ratio of 79.4%. The company projects a significant improvement in the full fiscal year with an expected 20.1% increase in profit attributable to owners of the parent.

For further insights into JP:3529 stock, check out TipRanks’ Stock Analysis page.

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