Daiken Co., Ltd. (JP:5900) has released an update.
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Daiken Co., Ltd. reports a 5.4% increase in net sales to 2,601 million yen for May 2024 compared to the previous year, but a significant drop in profits with operating profit at -2 million yen and ordinary profit at 3 million yen, indicating a challenging quarter. The company’s total assets slightly decreased to 15,803 million yen, and they maintained a solid capital adequacy ratio of 82.4%. No dividends were declared for the second quarter of 2024.
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