Denyo Co., Ltd. (JP:6517) has released an update.
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Denyo Co., Ltd. reports a slight decline in net sales by 0.8% but a significant increase in operating profit by 72.2%, and ordinary profit by 63.2% in the three months ending June 30, 2024, compared to the same period last year. Despite a modest decrease in total assets since March 2024, the company’s equity ratio improved to 75%. Additionally, Denyo forecasts a stable full-year performance with a slight increase in net sales and a small decline in profits.
For further insights into JP:6517 stock, check out TipRanks’ Stock Analysis page.
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