S B S Holdings, Inc. (JP:2384) has released an update.
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SBS Holdings, Inc. reports a slight decrease in net sales by 0.4% and a more significant drop in operating income, ordinary income, and net income attributable to owners by 23.1%, 20.7%, and 21.1% respectively, for the six months ended June 2024 compared to the same period in 2023. Despite the downturn, the company forecasts a year-end increase in net sales and income for December 2024, with no revisions to these projections. Additionally, there has been no change in dividend forecasts, maintaining a payout of 70 yen per share.
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