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Dai Nippon Toryo Reports Mixed Quarterly Results

Dai Nippon Toryo Reports Mixed Quarterly Results

Dai Nippon Toryo Company, Limited (JP:4611) has released an update.

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Dai Nippon Toryo Co., Ltd. reported a slight decrease in net sales and operating profit but an increase in profit attributable to owners by 27.7% in the first quarter of 2024 compared to the previous year. The company’s equity-to-asset ratio remained stable, with a marginal increase in net assets per share. Looking ahead, the company forecasts a year-on-year decrease in operating and ordinary profits for the six months ending September 2024 and the fiscal year ending March 2025.

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