Japan Aviation Electronics Posts Strong Quarterly Growth

Japan Aviation Electronics Industry (JP:6807) has released an update.

Japan Aviation Electronics Industry reported a positive financial performance for the first quarter ending June 30, 2024, with significant increases in operating profit by 106.5% and a 25.4% rise in profit attributable to owners. Their consolidated financial position also strengthened, with total assets and net assets both showing growth compared to the previous quarter. Additionally, the company maintains a stable dividend forecast, projecting an annual total of 60 yen per share for the fiscal year ending March 31, 2025.

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