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Mitsuuroko Group Reports Sales Growth amid Profit Declines

Mitsuuroko Group Reports Sales Growth amid Profit Declines

Mitsuuroko Group Holdings Co., Ltd. (JP:8131) has released an update.

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Mitsuuroko Group Holdings Co., Ltd. reported a 9.6% increase in net sales for the first half of 2024, reaching ¥154,915 million, despite a significant decline in profits compared to the previous year. The company’s profit attributable to owners of the parent dropped by 66.9%, with basic earnings per share decreasing from ¥91.15 to ¥30.55. Mitsuuroko projects a fiscal year-end net sales increase of 13.2% to ¥350,000 million, although operating and ordinary profits are expected to see substantial declines.

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