Mugen Estate Announces Strong Q2 2024 Growth
Company Announcements

Mugen Estate Announces Strong Q2 2024 Growth

Mugen Estate Co., Ltd. (JP:3299) has released an update.

Mugen Estate Co., Ltd. reports a robust increase in consolidated financial results for the second quarter of 2024, with net sales up by 20% and profit attributable to owners of parent surging by 58.8% compared to the previous year. The company’s financial position remains strong with total assets at 86,223 million yen and an equity ratio of 34.1%. There has been no revision to the bullish full-year forecast, maintaining expectations for continued growth in sales and profits.

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