Nitta (JP:5186) has released an update.
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Nitta Corporation reported a positive financial performance for the first half of 2024, with a notable increase in net income and comprehensive income compared to the previous year. Net income attributable to owners of the parent rose by 16.3%, reaching ¥5,831 million, while net sales grew slightly by 1.3% to ¥44,354 million. The company maintains a strong equity-to-asset ratio and has announced an increase in dividends, reflecting confidence in its ongoing financial health.
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