HOKUETSU INDUSTRIES CO., LTD. (JP:6364) has released an update.
Hokuetsu Industries Co., Ltd. reported a solid performance in their consolidated financial results for the first quarter ending June 30, 2024, with a 12.2% increase in net sales and a 3.5% rise in profits attributable to owners. The company’s financial position remained strong, with total assets increasing and a robust equity-to-asset ratio of 65.9%. Looking forward, Hokuetsu Industries anticipates continued growth, projecting an 8.1% rise in net sales and a slight increase in operating profit for the six months ending September 2024.
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