Takasago Thermal Engineering Co., Ltd. (JP:1969) has released an update.
Takasago Thermal Engineering Co., Ltd. reports a 10% decrease in net sales and an 18.2% drop in operating profit in the first quarter, while profit attributable to owners increased by 2.8%. The company’s equity ratio improved from 48.3% to 55.6% as of June 2024, with comprehensive income experiencing a significant decline of 50.2% year on year. Despite the mixed results, the forecast for the fiscal year ending March 2025 is optimistic, with expected increases in net sales, operating profit, and profit attributable to owners.
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