Sagami Holdings Corp. (JP:9900) has released an update.
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Sagami Holdings Corporation reports a robust start to the fiscal year with a 14.7% increase in net sales and a significant rise in profits, including a 91.3% surge in profit attributable to owners, in the first quarter ending June 30, 2024. Despite no dividends being paid in the first quarter, the company forecasts continued growth with a projected increase in net sales, operating profit, and ordinary profit for the first half and full fiscal year ending March 31, 2025. The company’s financial position remains strong, with a capital adequacy ratio of 70.0% as of June 30, 2024.
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