France Bed Holdings Co., Ltd. (JP:7840) has released an update.
France Bed Holdings Co., Ltd. reports a modest increase in consolidated financial results for Q1 2024, with net sales up by 6% and profit attributable to owners rising by 5.9%. The company’s equity-to-asset ratio remained stable at 55.6%, with a slight decrease in net assets per share from the previous quarter. They have maintained their previous forecast for the fiscal year ending March 2025, expecting a 3.1% increase in net sales but a 4.2% decrease in profit attributable to owners.
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