Menicon Co. Shows Strong Early Fiscal Year Growth

Menicon Co (JP:7780) has released an update.

Menicon Co., Ltd. reports a positive start to the fiscal year with consolidated financial results showing increased net sales by 6.0% and a significant jump in profit attributable to owners, up by 11.9%, in the three months ending June 30, 2024. The company’s financial position remains strong with a capital adequacy ratio of 44.6%. Furthermore, Menicon maintains a steady forecast for the fiscal year ending March 31, 2025, with a predicted 54.2% increase in profit attributable to owners.

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