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FUKUSHIMA GALILEI Posts Mixed Quarterly Results

FUKUSHIMA GALILEI Posts Mixed Quarterly Results

FUKUSHIMA GALILEI CO., LTD. (JP:6420) has released an update.

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FUKUSHIMA GALILEI CO., LTD. reported a modest increase in net sales of 11% year-on-year for the quarter ending June 30, 2024, but saw decreases in operating profit, ordinary profit, and profit attributable to owners. The company’s total assets grew slightly, with a marginal dip in the capital adequacy ratio compared to the previous quarter. No changes to the dividend forecast were announced, maintaining the expectation of a 105 yen per share annual payout.

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