Kanto Denka Kogyo Co., Ltd. (JP:4047) has released an update.
Kanto Denka Kogyo Co., Ltd. reports a rebound in profitability with net sales of ¥15,445 million, despite a 5.3% decline, and a significant recovery from last year’s losses, posting a profit attributable to owners of ¥1,165 million. The company’s financial position has strengthened, with total assets increasing to ¥126,314 million and net assets reaching ¥67,297 million. They have also projected a positive full-year forecast with net sales expected to rise by 6.5% and a basic earnings per share of ¥50.48.
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