Sohgo Security Services Reports Mixed Q1 Results

Sohgo Security Services Co., Ltd. (JP:2331) has released an update.

Sohgo Security Services Co., Ltd. reported a 6.1% increase in net sales but faced declines in operating income, ordinary income, and profit attributable to owners by 16.5%, 14.1%, and 17.5% respectively in the first quarter of 2024 compared to the previous year. The company anticipates a cumulative increase in net sales by 6.4% by the second quarter and projects an annual net income per share of 55.13 yen. Despite these mixed results, the forecast for the fiscal year ending March 2025 suggests modest growth across key financial metrics.

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