Sangetsu Corporation Reports Increased Sales but Lower Profits Amid Strategic Expansion

Sangetsu Corporation ( (JP:8130) ) has provided an update.

Sangetsu Corporation reported its consolidated financial results for the nine months ended December 31, 2024, revealing a 5.2% increase in net sales to 147,299 million yen compared to the same period last year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, highlighting a challenging business environment. The company has also included a new entity, D’Perception Pte. Ltd., in its scope of consolidation, indicating potential strategic expansion. Despite the adverse financial performance, the company maintained its dividend forecast, suggesting a commitment to shareholder returns.

More about Sangetsu Corporation

Sangetsu Corporation is a company listed on the Tokyo and Nagoya stock exchanges, specializing in interior design and materials. It focuses on providing a range of products and services related to interior decoration and construction, catering to both domestic and international markets.

YTD Price Performance: -4.48%

Average Trading Volume: 181,608

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen166.5B

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