Naigai Trans Line Reports Mixed Mid-Year Results

Naigai Trans Line Ltd. (JP:9384) has released an update.

Naigai Trans Line Ltd. reported a 6.1% increase in net sales for the first half of 2024, although it saw declines in operating profit, ordinary profit, and profit attributable to owners by 15.3%, 10.7%, and 10.5% respectively compared to the same period last year. The company’s total assets grew, with an equity-to-asset ratio standing at 81.0%. They maintain a steady dividend payout with no revisions to the forecasted financial results for the fiscal year.

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