Elecom Co. Reports Decline in Q1 Profits Despite Sales Growth

Elecom Co (JP:6750) has released an update.

Elecom Co., Ltd. reported a mixed financial performance in the first three months of FY2025, with a slight increase in net sales but significant declines in operating profit, ordinary profit, and profit attributable to owners by 25.2%, 37.4%, and 38.5% respectively. The company’s total assets and net assets showed marginal growth, and the forecast for the fiscal year ending March 31, 2025, predicts higher net sales and operating profit. There were no changes in dividend forecasts, with the expected total annual dividend for FY2025 set at 48.00 yen per share.

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