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Cosmo Energy Posts Strong First Quarter Gains

Cosmo Energy Posts Strong First Quarter Gains

Cosmo Energy Holdings Co., Ltd. (JP:5021) has released an update.

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Cosmo Energy Holdings Co., Ltd. reported a robust first quarter for FY2024, with a significant increase in net sales by 7.6% and a surge in operating profit by 537.2% compared to the same quarter of the previous year. The company also noted an impressive rise in ordinary profit by 433.5%, while profit attributable to owners of the parent jumped to 24,697 million yen. These strong financial results are reflective of the company’s positive performance and strategic initiatives during the period.

For further insights into JP:5021 stock, check out TipRanks’ Stock Analysis page.

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