Kanro Inc. Reports Strong Mid-Year Financials

KANRO Co., Ltd. (JP:2216) has released an update.

Kanro Inc. has reported a solid performance in its non-consolidated financial results for the six months ended June 30, 2024, with an 8.9% increase in net sales and a significant 42.9% jump in profits compared to the previous year. The company’s equity ratio improved to 61.4%, and they have announced an optimistic forecast for the full fiscal year with an expected 6.1% rise in net sales and a 13.7% increase in profits. Moreover, Kanro Inc. has confirmed their dividend payout strategy, maintaining a steady return to shareholders with no revisions to their previously announced forecasts.

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