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Shikibo Ltd. Shows Resilience Despite Sales Dip
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Shikibo Ltd. Shows Resilience Despite Sales Dip

Shikibo Ltd. (JP:3109) has released an update.

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Shikibo Ltd. reports mixed financial results for the three months ended June 30, 2024, with a slight decline in net sales by 1.5% but significant increases in operating profit, ordinary profit, and profit attributable to owners by 18.5%, 23.6%, and 33.2%, respectively. The company’s consolidated financial position shows stable total assets and an improved capital adequacy ratio. Despite the overall positive performance, comprehensive income for the quarter has decreased compared to the previous year.

For further insights into JP:3109 stock, check out TipRanks’ Stock Analysis page.

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