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Prestige International Reports Decreased Profits

Prestige International Reports Decreased Profits

Prestige International (JP:4290) has released an update.

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Prestige International Inc. reported a decrease in consolidated operating profits from ¥2,066 million to ¥1,636 million in the three months ended June 30, 2024, compared to the same period the previous year. The company’s net sales and ordinary profit also saw declines, while their equity-to-asset ratio experienced a minor increase. These results are part of preliminary financial statements under Japanese GAAP, and actual results may vary.

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