Phil Company, Inc. (JP:3267) has released an update.
Phil Company, Inc. has reported a decrease in net sales and profits for the first six months of the fiscal year ending November 2024, with net sales dropping 28.5% from the previous year and a notable net loss per share of (26.75) yen. Despite this downturn, the company forecasts a significant recovery by the end of the fiscal year, projecting a 25.8% increase in net sales and a substantial rise in profits, with an expected basic earnings per share of 35.38 yen. No changes to dividend forecasts have been made, maintaining the total annual dividend at 5.00 yen per share.
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