Kyowa Exeo (JP:1951) has released an update.
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EXEO Group, Inc. has reported a modest increase in net sales of 0.8% and a significant improvement in profitability with operating profit and profit attributable to owners of parent up by 17.8% and 15.1% respectively for the three months ended June 30, 2024. Post a 2-for-1 stock split, earnings per share also rose to 14.37 yen. Despite a slight decrease in total assets, the company’s equity ratio improved to 57.5%, and a forecast for the 2025 fiscal year predicts further increases in net sales and profits.
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