Shinwa Co., Ltd. (JP:7607) has released an update.
Shinwa Co., Ltd. reported a decline in its consolidated financial results for the nine months ending May 31, 2024, with net sales, operating profit, and ordinary profit all showing significant decreases compared to the previous year. The company’s financial forecast for the full year anticipates a continued downturn in performance. Despite the slump, Shinwa has not revised its dividend forecast, maintaining a projected total annual dividend of 100 yen per share.
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