Okabe Co., Ltd.: Improved Profits Despite Sales Dip
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Okabe Co., Ltd.: Improved Profits Despite Sales Dip

Okabe Co., Ltd. (JP:5959) has released an update.

Okabe Co., Ltd. reported a decrease in net sales and operating profit in the first half of 2024 compared to the previous year, with net sales falling by 16.3% and operating profit by 13.3%. However, the company saw a turnaround from a net loss to a positive profit attributable to owners of the parent of 1,339 million yen. The firm also announced an increase in its interim dividend from the previous year’s 12.50 yen to 15.00 yen per share.

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