Nippon Tungsten Co., Ltd. (JP:6998) has released an update.
Nippon Tungsten Co., Ltd. has reported a positive financial performance for the first quarter ended June 30, 2024, with net sales increasing by 10.4% and operating profit by 18.6% compared to the previous year. Despite a challenging previous year, the company also saw a rise in profit attributable to owners by 5.1% and announced a year-end dividend forecast of 50 yen per share. These results indicate a solid start to the fiscal year for the company, reflecting a turnaround from the downturn experienced in 2023.
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