Nisshin OilliO Group, Ltd. (JP:2602) has released an update.
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Nisshin OilliO Group, Ltd. reported a slight decrease in net sales for the first quarter of FY2024 compared to the previous year, with a marginal dip from 128,740 million yen to 128,488 million yen. Operating profit also fell by 595 million yen, resulting in a 90.6% year-over-year figure. However, the profit attributable to owners of the parent showed a small increase to 5,125 million yen, indicating resilience amidst a challenging quarter.
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