Shofu Inc. (JP:7979) has released an update.
Shofu Inc. has reported a robust start to the fiscal year with a 14.4% increase in net sales and a significant 63.2% rise in net income attributable to owners for the first quarter ending June 30, 2024, compared to the previous year. The company’s consolidated financial forecast has been revised upwards, reflecting a positive outlook with expectations for continued growth in net sales and operating income. Amidst this financial growth, Shofu Inc. also announced a two-for-one stock split scheduled for October 1, 2024.
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