RHEON Reports Strong Quarterly Financial Growth

Rheon Automatic Machinery Co (JP:6272) has released an update.

RHEON Automatic Machinery Co., Ltd. reports a positive financial performance for the quarter ending June 30, 2024, with net sales, operating profit, ordinary profit, and profit attributable to owners of the parent showing significant year-on-year increases. Despite a forecast of a slight dip in profit for the six months ending September 30, 2024, the full-year forecast remains optimistic with increases in net sales and operating profits. No dividends were announced for the first quarter, but the company maintains a consistent dividend forecast for the fiscal year ending March 31, 2025.

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