Tachibana Eletech Faces Decline but Plans Dividend

Tachibana Eletech Co., Ltd. (JP:8159) has released an update.

Tachibana Eletech Co., Ltd. reported a 7% decline in net sales for the six months ending September 2024, with operating and ordinary profits significantly down by 31.2% and 43.8%, respectively, compared to the same period last year. Despite these challenges, the company maintains stable equity and is set to distribute dividends, indicating resilience amidst a tough financial landscape.

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