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Shin Nippon Air Reports Robust Quarterly Growth

Shin Nippon Air Reports Robust Quarterly Growth

Shin Nippon Air Technologies Co., Ltd. (JP:1952) has released an update.

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Shin Nippon Air Technologies Co., Ltd. has reported a solid increase in their financial results for the three months ended June 30, 2024, with net sales up by 15.9% and operating profit soaring by 65.0%. The company’s performance also reflected in a strong growth in basic earnings per share from ¥20.95 to ¥30.63. Despite a decrease in total assets from March 31, 2024, to June 30, 2024, the company maintains a robust capital adequacy ratio of 65.5%.

For further insights into JP:1952 stock, check out TipRanks’ Stock Analysis page.

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