euglena Co., Ltd. (JP:2931) has released an update.
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Euglena Co., Ltd. reported modest growth in net sales and a notable increase in adjusted EBITDA by 66.8% for the first half of 2024 while facing a decrease in profits attributable to owners of the parent. The company’s equity ratio improved from 33.9% to 44.5%, indicating a stronger financial position. Despite not announcing any dividends, the firm showed a positive adjustment to its full-year financial forecast.
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