Chugai Ro Co., Ltd. (JP:1964) has released an update.
Chugai Ro Co., Ltd. has reported a 11.4% year-on-year increase in net sales to 5,280 million yen for the three months ended June 30, 2024, despite a decline in profit attributable to owners of the parent from 283 million yen to a loss of 12 million yen. The company’s equity-to-asset ratio has slightly improved from 56.4% to 60.2%, and they have projected an optimistic full-year earnings forecast with a substantial increase in net sales and operating profit. Additionally, the company plans to raise its year-end dividend from 80 yen to 100 yen per share.
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