Nagoya Railroad Co., Ltd. (JP:9048) has released an update.
Nagoya Railroad Co., Ltd. reports a solid performance in the first quarter of 2024 with a noticeable year-on-year increase in key financial metrics such as operating revenue, income, and profit attributable to owners. Comprehensive income for the quarter stands at ¥11,225 million, reflecting a 20.8% increase from the previous year. The company’s financial position has strengthened, with a slight rise in shareholders’ equity and a stable equity ratio.
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