Shibaura Machine Records Robust Quarterly Growth

Shibaura Machine Co., Ltd. (JP:6104) has released an update.

Shibaura Machine Co., Ltd., listed on the Tokyo Stock Exchange with the securities code 6104, has reported a notable increase in its consolidated financial results for the three-month period ending June 30, 2024. The company witnessed a 21.9% year-on-year growth in net sales alongside a substantial 50.7% increase in operating profit, while profit attributable to owners rose by 8.5%. Despite these gains, the company’s comprehensive income saw a decrease of 22.9% compared to the same period the previous year.

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