Tenox Corporation (JP:1905) has released an update.
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TENOX CORPORATION reported a 27.3% increase in net sales for the three months ended June 30, 2024, compared to the same period last year, though operating and ordinary profits showed a downturn with losses reported. Despite the losses, the company forecasts a substantial increase in net sales and profits for the full fiscal year ending March 31, 2025, including a rise in earnings per share to 99.16 yen. The financial position remains strong with a high equity ratio of 62.8%, and the company plans to increase dividend payouts for the fiscal year.
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