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Nippon Densetsu Kogyo Sees Sales Growth Amid Losses

Nippon Densetsu Kogyo Sees Sales Growth Amid Losses

Nippon Densetsu Kogyo Co., Ltd. (JP:1950) has released an update.

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Nippon Densetsu Kogyo Co., Ltd. reports a 15.5% year-on-year increase in net sales for the three months ended June 30, 2024, alongside negative figures for operating profit, ordinary profit, and profit attributable to owners of the parent. Total assets have decreased since March 31, 2024, but the capital adequacy ratio has improved to 71.1%. The company forecasts a 5.7% increase in net sales and a 4.6% increase in profit attributable to owners for the full fiscal year ending March 31, 2025.

For further insights into JP:1950 stock, check out TipRanks’ Stock Analysis page.

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