Hitachi Zosen Posts Higher Sales Despite Losses

Hitachi Zosen Corporation (JP:7004) has released an update.

Hitachi Zosen Corporation reported a 18.6% increase in net sales for the quarter ending June 30, 2024, compared to the same period last year, despite a net loss per share of -16.70 yen. The company’s total assets decreased slightly from March 2024, but shareholders’ equity saw a marginal increase. They maintain a stable dividend forecast of 23.0 yen per share for the fiscal year ending March 31, 2025.

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