Futaba (JP:6986) has released an update.
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FUTABA CORPORATION reported a decrease in net sales by 8.4% and a significant reduction in losses for the three months ending June 30, 2024, compared to the previous year. The company’s total and net assets have slightly increased, indicating a stable equity ratio around 75%. Despite the challenging quarter, FUTABA did not revise its dividend policy, maintaining its forecasted annual dividend at 10 yen per share.
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