Eagle Industry Reports Mixed Quarterly Results

Eagle Industry Co., Ltd. (JP:6486) has released an update.

Eagle Industry Co., Ltd. reported a 4.5% increase in net sales and a significant 75.5% increase in operating profit for the first quarter ending June 30, 2024, although profit attributable to owners decreased by 9.2%. The company’s consolidated financial position strengthened, with total assets and net assets both rising from the previous quarter. Eagle Industry also forecasted a modest increase in net sales and operating profit for the fiscal year ending March 31, 2025, but expects a decrease in profit attributable to owners and basic earnings per share.

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