Hokuto Corporation Posts Mixed Quarterly Results

Hokuto Corporation (JP:1379) has released an update.

Hokuto Corporation reported a modest increase in net sales to 17,825 million yen for the three months ending June 30, 2024, but experienced a decline in profits compared to the same period in 2023. Despite the profit decline, the company announced a forecasted dividend of 10 yen per share for the year ending March 31, 2025. The company’s financial position remains stable with total assets at 111,528 million yen, though there was a slight decrease in the equity ratio from the previous quarter.

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