NAFCO Reports Decline in Quarterly Profits

NAFCO Co., Ltd. (JP:2790) has released an update.

NAFCO Co., Ltd. has reported a decline in quarterly operating revenues and profits, with operating revenues falling by 6.3%, operating profit by 43.6%, and ordinary profit by 43.2%. The company’s profit decreased by 40.5% compared to the previous year. However, total assets have increased, and the capital adequacy ratio stands at 67.0%.

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