Rinnai (JP:5947) has released an update.
Rinnai Corporation reports a robust financial performance with a 9.3% increase in net sales and a significant 180% rise in operating profit in the June 2024 quarter compared to the previous year. Net profit attributable to owners also surged by 107.3%, reflecting a strong earnings per share of 47.71 yen. The company maintains a healthy capital adequacy ratio of 68.5% and has declared a dividend of 30 yen per share for the second quarter.
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