PROTO CORPORATION Q1 Profits Dip Despite Sales Rise

Proto Corp. (JP:4298) has released an update.

PROTO CORPORATION reports a 9.1% increase in net sales, but a downturn in profits with ordinary profit and profit attributable to owners down by 15.7% and 11.8% respectively for the quarter ending June 30, 2024. Their financial position remains strong with a capital adequacy ratio of 72.4%, and they forecast a modest growth in net sales and operating profit for the full fiscal year ending March 31, 2025.

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