RION CO. Faces Profit Decline Despite Sales Growth
Company Announcements

RION CO. Faces Profit Decline Despite Sales Growth

Rion Co., Ltd. (JP:6823) has released an update.

RION CO., LTD. reports a 5.7% increase in net sales in the first three months of the fiscal year ending March 2025, but a significant decline in profits, with profit attributable to owners dropping by 41.4%. The company’s equity ratio slightly decreased from 78.7% to 77.8%, maintaining a strong financial position. No changes in dividends or accounting policies were noted, and the full-year forecast suggests modest growth in sales and profits.

For further insights into JP:6823 stock, check out TipRanks’ Stock Analysis page.

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