Sekisui Jushi’s Mixed Financial Results

Sekisui Jushi Corporation (JP:4212) has released an update.

Sekisui Jushi Corporation reports a 13.3% increase in net sales but a decline in profits, with operating profit, ordinary profit, and profit attributable to owners of parent dropping by 38.7%, 34.3%, and 49.2% respectively, for the quarter ending June 30, 2024. The company’s equity ratio improved slightly from 72.9% to 73.9%, and a forecast for the fiscal year ending March 31, 2025 predicts increases in net sales and profits.

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