Duskin Co. Reports Mixed Q1 Results, Anticipates Growth

Duskin Co., Ltd. (JP:4665) has released an update.

Duskin Co., Ltd. reported a modest increase in net sales of 3.6% for the first quarter of FY2024, but saw decreases in operating profit and profit attributable to owners of parent by 7.5% and 9.9%, respectively. The company’s total assets slightly declined from the previous quarter, while maintaining a stable equity ratio of 76.9%. Duskin forecasts a significant improvement in financial performance by the end of FY2024, with expected growth in operating profit and profit attributable to owners of parent by 110.5% and 118.6%, respectively.

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