HOSHIZAKI Shows Strong Growth and Increased Dividends

HOSHIZAKI (JP:6465) has released an update.

HOSHIZAKI CORPORATION reports a robust financial performance for the first half of 2024, with an 18.7% increase in net sales and a 19.7% rise in operating profit, although profit attributable to owners decreased by 2%. The company’s total assets and net assets have shown growth since the end of the previous year, with a slight decrease in the equity ratio. HOSHIZAKI also announced an increased second-quarter dividend of 45 yen per share and projected a steady full-year outlook with a slight increase in net profits.

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