S Trust Co., Ltd. (JP:3280) has released an update.
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S Trust Co., Ltd. reported a downturn in consolidated financial results for the six months ended August 31, 2024, with net sales decreasing by 2.8% and a comprehensive income of ¥124 million compared to a loss in the previous year. The company’s equity ratio remained relatively stable at 23.1%, with total assets increasing slightly to ¥36,351 million. Looking ahead, S Trust projects a significant improvement in its full-year financial performance, forecasting an 8.6% increase in net sales and over 37% growth in net income attributable to owners.
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