Mitsubishi Pencil’s Mixed Financial Results and Growth Forecast

Mitsubishi Pencil Company, Limited (JP:7976) has released an update.

Mitsubishi Pencil Company reports a 17.1% increase in net sales but a 7.2% decline in operating profit for the first half of 2024 compared to the previous year. Profit attributable to owners, however, soared by 50.4%. Forecasts for the full year anticipate continued growth in net sales and a modest rise in profits.

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