Harada Industry Faces Profit Decline in Fiscal Q1 2024
Company Announcements

Harada Industry Faces Profit Decline in Fiscal Q1 2024

Harada Industry Co., Ltd. (JP:6904) has released an update.

Harada Industry Co., Ltd. reports a slight increase in net sales but a significant decrease in profits for Q1 of fiscal year 2024 compared to the previous year. The company’s consolidated financial results show a decline in comprehensive income and a forecast of continued downturn in net sales and profits for the full fiscal year. Despite the downward trend, the forecasted dividends remain unchanged from the previous announcement.

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