FCE Inc. Posts Strong Growth, Upgrades Full-Year Outlook

FCE Inc. (JP:9564) has released an update.

FCE Inc. reports a robust financial performance for the nine months ended June 30, 2024, with significant year-on-year growth in net sales, operating profit, and profit attributable to owners, which increased by 17%, 25.3%, and 30.6% respectively. The company’s equity-to-asset ratio also improved from 51.7% to 56.9%, indicating a stronger financial position. Looking forward, FCE Inc. has revised its full-year forecast upwards, expecting continued growth in profits and earnings per share.

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