Icom Incorporated (JP:6820) has released an update.
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Icom Incorporated reported a slight increase in net sales of 1.5% for the three months ended June 30, 2024, but saw a decline in operating profit, ordinary profit, and profit attributable to owners compared to the same period last year. The company’s equity-to-asset ratio showed a marginal improvement from March 31, 2024, to June 30, 2024. Despite the mixed results, Icom anticipates a modest growth in net sales and operating profit for the full fiscal year ending March 31, 2025.
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