Sumitomo Densetsu Co (JP:1949) has released an update.
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Sumitomo Densetsu Co., Ltd. has reported a robust performance for the first quarter ended June 30, 2024, with net sales increasing by 12.6% and profits attributable to owners of the parent surging by 271.3%. Despite this positive outcome, comprehensive income saw a decline of 46.2%. The company’s current financial forecast for the fiscal year ending March 31, 2025, predicts continued growth in net sales and operating profit.
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