France Bed Holdings Reports Steady Q1 Growth

France Bed Holdings Co., Ltd. (JP:7840) has released an update.

France Bed Holdings Co., Ltd. reported a positive financial performance for the first quarter ended June 30, 2024, with a 6.0% increase in net sales and a 5.9% rise in profit attributable to owners. Despite a slight decrease in year-on-year growth rates, the company maintains a stable equity-to-asset ratio at 55.6%. The forecast for the fiscal year ending March 31, 2025, projects continued growth in net sales and operating profit, although a slight decrease in profit attributable to owners is expected.

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