Shinsho Corp. (JP:8075) has released an update.
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Shinsho Corporation, listed on the Tokyo Stock Exchange, has reported a significant improvement in its financial performance for the first quarter ended June 30, 2024, with net sales up by 11.5%, a 47.0% increase in operating profit, and an impressive 115.9% rise in profit attributable to the parent company’s owners compared to the previous year. The company’s overall assets also grew, while maintaining a healthy capital adequacy ratio of 20.8%. Despite these positive results, no changes in dividend forecasts were announced.
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