Tokyo Cosmos Electric Co., Ltd. (JP:6772) has released an update.
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Tokyo Cosmos Electric Co., Ltd. reports a decline in its financial performance for the three months ended June 30, 2024, with net sales, operating profit, and profit attributable to owners decreasing by 2.8%, 38.5%, and 44.2% respectively, compared to the same period last year. The company’s total assets and net assets showed a slight increase from the previous quarter, while the forecast for the full year anticipates further declines in profitability metrics and earnings per share.
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