Japan Transcity Shows Resilience Amid Sales Dip

Japan Transcity Corporation (JP:9310) has released an update.

Japan Transcity Corporation reported a decrease in net sales by 4.1% but saw increases across operating profit, ordinary profit, and profit attributable to owners of the parent in the first quarter of 2024 compared to the same period last year. The company’s earnings per share improved to 25.73 yen from 22.83 yen. Despite a challenging quarter, the corporation maintains a positive outlook with forecasted growth in net sales and profits for the full year ending March 2025.

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