Kitz Corporation Announces Mixed Mid-Year Results

Kitz (JP:6498) has released an update.

Kitz Corporation reported a slight increase in net sales but a decline in operating profit, ordinary profit, and profit attributable to owners for the first half of the fiscal year ending December 31, 2024. The company’s equity ratio improved, and a marginal year-over-year growth in the consolidated financial forecast for the full fiscal year is expected. Kitz also announced a consistent dividend payout, with the next payment scheduled for September 18, 2024.

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