MonotaRO Co Reports Strong First Half Growth

MonotaRO Co (JP:3064) has released an update.

MonotaRO Co., Ltd. reported a solid performance in the first half of fiscal year 2024, with net sales and net income rising by 12.1% and 14.9% respectively, compared to the same period last year. The company’s equity ratio improved to 70.5%, reflecting a stronger financial position, and a dividend of 9.00 yen per share was paid out for the second quarter, with a forecast of 19.00 yen annually. No changes to the company’s consolidated forecast for the fiscal year were reported, indicating steady progress in line with expectations.

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