KURABO INDUSTRIES LTD. (JP:3106) has released an update.
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Kurabo Industries Ltd. reports a robust start to the fiscal year with a 7.6% increase in net sales and a significant improvement in profitability, with operating profit and profit attributable to owners jumping over 100% for the quarter ending June 30, 2024. The company’s financial position has strengthened, boasting a higher equity-to-asset ratio of 61.5%, up from 60.6% at the end of the previous quarter. Furthermore, Kurabo plans to increase its annual dividend per share to 120 yen for the fiscal year ending March 31, 2025, indicating confidence in its financial forecast.
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