Meito Sangyo Co., Ltd. (JP:2207) has released an update.
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Meito Sangyo Co., Ltd. reported solid performance in its consolidated financial results for the first quarter ending June 30, 2024, with a significant year-on-year increase in net sales and profits. The company experienced a 12.2% rise in net sales and an impressive 157.8% increase in profit attributable to owners, bolstered by a robust operating profit growth of 82.9%. Despite the lack of dividends paid out during the quarter and no supplementary briefing provided, the outlook remains optimistic.
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