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K&O Energy Group Reports Mixed Mid-Year Results

K&O Energy Group Reports Mixed Mid-Year Results

K&O Energy Group, Inc. (JP:1663) has released an update.

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K&O Energy Group Inc. reports a slight dip in net sales by 3.1% but an increase in profits for the first half of 2024, with profit attributable to owners up by 9.5%. The company has also announced an increase in the year-end dividend forecast from ¥20.00 to ¥22.00 per share. Despite these positive results, K&O Energy projects overall lower performance for the full year with expected decreases in net sales and profits.

For further insights into JP:1663 stock, check out TipRanks’ Stock Analysis page.

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