Tokuden Co., Ltd. (JP:3437) has released an update.
Tokuden Co., Ltd. has reported a slight increase in net sales but a significant decline in profits in its latest quarterly financial results. The company’s operating profit fell by 25.4%, and profit attributable to owners of the parent dropped by 34.3% compared to the same period last year. Despite a challenging quarter, the company maintained a strong capital adequacy ratio of 61.8% and announced a second-quarter dividend of 44.00 yen per share.
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