Shinko Electric Industries Co., Ltd. (JP:6967) has released an update.
Shinko Electric Industries Co., Ltd. has reported a significant improvement in their financial performance, with an 8.4% increase in net sales and a 96.3% surge in operating profit for the quarter ending June 2024 compared to the same period last year. The company’s net assets also saw growth, with total assets reaching 397,348 million yen and a solid capital adequacy ratio of 68.0%. However, they forecast no dividend for the second quarter, following a 25.00 yen dividend per share in the previous period.
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