Endo Lighting Faces Profit Decline, Holds Steady Outlook

Endo Lighting Corporation (JP:6932) has released an update.

Endo Lighting Corporation reports marginal growth in net sales but significant declines in profitability for the first quarter ending June 30, 2024, with a net profit drop of 83.8% from the previous year. The company’s assets increased slightly, while the capital adequacy ratio saw a minor increase to 61.9%. Despite the downturn, Endo forecasts a modest increase in net sales and operating profit for the full fiscal year ending March 31, 2025.

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