Soda Nikka Posts Strong Profit Growth in Q1 2024
Company Announcements

Soda Nikka Posts Strong Profit Growth in Q1 2024

Soda Nikka Co., Ltd. (JP:8158) has released an update.

Soda Nikka Co., Ltd. reported a sharp 90% increase in profit attributable to owners of the parent in the first quarter of 2024 compared to the same period last year, with overall consolidated net sales rising modestly by 1.3%. Despite this growth, the company’s comprehensive income saw a decrease of 32.4% year-on-year. Looking ahead, the company forecasts a continued increase in net sales and a significant uptick in profits by the end of the fiscal year.

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