Diamond Electric Holdings Co., Ltd. (JP:6699) has released an update.
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Diamond Electric Holdings Co., Ltd. has reported a gain of 722 million JPY from foreign exchange in Q1 and has revised its consolidated earnings forecast for Q2 and the full fiscal year ending March 31, 2025. The revisions include a decrease in net sales but an increase in operating profit and ordinary profit, attributed to cost reduction measures and improved profitability in multiple business sectors. The company’s net income attributable to owners is also expected to surpass previous estimates.
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