NIKKON Holdings Announces Positive Q1 Results

NIKKON Holdings Co (JP:9072) has released an update.

NIKKON Holdings Co., Ltd. reported a solid start to the fiscal year with an 8.4% increase in net sales and a 10.1% rise in profits attributable to owners of the parent for the first quarter ended June 30, 2024. Despite a slight dip in operating profit by 2.2%, the company forecasts further growth with a 12.4% increase in net sales and a 13% increase in operating profit projected for the full year. Additionally, the company announced significant changes in its accounting policies and consolidation scope but provided no dividend payment schedule or supplementary financial material.

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