First Brothers Co. Faces Sharp Decline in Profits

First Brothers Co., Ltd. (JP:3454) has released an update.

First Brothers Co., Ltd. reports a significant downturn in its financial performance for the nine months ending August 31, 2024, with net sales and profits showing a sharp decline from the previous year. The company also forecasts a continued decrease in sales and profits for the full year. Despite these challenges, First Brothers plans to increase its annual dividend per share slightly from the previous year.

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