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Onward Holdings Reports Increased Sales But Declines in Profit

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Onward Holdings Reports Increased Sales But Declines in Profit

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Onward Holdings Co., Ltd. ( (JP:8016) ) has provided an announcement.

Onward Holdings Co., Ltd. reported its consolidated financial results for the nine months ended November 30, 2024, showing a 6.1% increase in net sales compared to the previous year. Despite the rise in sales, the company experienced a decline in operating profit and recurring profit by 11.8% and 6.6%, respectively. The company plans to increase its annual dividends per share, indicating a positive outlook for stakeholders, with an anticipated year-end dividend of 26 yen per share.

More about Onward Holdings Co., Ltd.

Onward Holdings Co., Ltd. operates in the fashion and apparel industry, focusing on the design, production, and retail of clothing and accessories. It is listed on the Tokyo Stock Exchange and is known for its diverse range of fashion products catering to various market segments.

YTD Price Performance: 0.0%

Average Trading Volume: 18

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €484.3M

Learn more about 8016 stock on TipRanks’ Stock Analysis page.

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