FUJIKURA COMPOSITES Inc. (JP:5121) has released an update.
FUJIKURA COMPOSITES Inc. reports a slight increase in net sales by 1.4% but a decrease in operating profit by 11.9% in the first quarter ended June 30, 2024, compared to the previous year. Despite a mixed financial performance, the profit attributable to owners saw a significant rise of 22.9%. The company’s forecast for the full fiscal year suggests an increase in both net sales and operating profit, with a decrease in projected net profit for owners.
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