Segue Group Announces Mixed Mid-Year Results

Segue Group Co., Ltd. (JP:3968) has released an update.

Segue Group Co., Ltd. reports a decrease in net sales by 7.1% and operating profit by 44.7% for the half-year ending June 30, 2024, compared to the previous year, while ordinary profit and profit attributable to owners increased by 22.6% and 6.4%, respectively. The company’s total assets grew, but net assets showed a decline, resulting in a lower equity-to-asset ratio from 33.3% to 22.9%. Additionally, the company announced a lower interim dividend for 2024 and provided a full-year forecast with an expected increase in net sales and profits.

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