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Sakai Chemical Posts Strong Quarterly Growth

Sakai Chemical Posts Strong Quarterly Growth

Sakai Chemical Industry Co., Ltd. (JP:4078) has released an update.

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Sakai Chemical Industry Co., Ltd. reported a robust increase in their quarterly operating results, with a 71.3% rise in operating profit and over 100% growth in ordinary profit compared to the previous year. Net sales also grew by 3.7%, and the company demonstrated a strong capital position with a total assets increase and a capital adequacy ratio at 60%. Additionally, the company announced a second-quarter dividend of 35 yen per share.

For further insights into JP:4078 stock, check out TipRanks’ Stock Analysis page.

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