Shionogi & Co (JP:4507) has released an update.
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Shionogi & Co. reported a decline in revenues and profits for the first quarter of fiscal year 2024, with revenue decreasing by 10.7% and profits attributable to owners falling by 28.0% compared to the previous year. Despite the downturn, the company maintains a strong equity ratio of 87.9% and has announced a forecasted annual dividend of 170 yen per share for the fiscal year ending March 31, 2025. No significant changes in subsidiaries, accounting policies, or restatements were reported for this period.
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