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Diamond Electric Sees Mixed Q1 Results

Diamond Electric Sees Mixed Q1 Results

Diamond Electric Holdings Co., Ltd. (JP:6699) has released an update.

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Diamond Electric Holdings Co., Ltd. reported a decline in net sales by 3.6% and a significant increase in ordinary profit by 125.3% for the first quarter ended June 30, 2024, compared to the previous year. The company experienced a loss per share of 14.18 JPY, a downturn from the previous year’s loss of 9.27 JPY per share. Their financial position showed a slight improvement in capital adequacy ratio, increasing from 12.4% to 13.3% over the last quarter.

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