Towa Corporation (JP:6315) has released an update.
TOWA CORPORATION reported a significant increase in their financial performance for the three months ending June 30, 2024, with net sales up by 39.3% and operating profit soaring by 140.3% compared to the previous year. The company’s equity-to-asset ratio also improved slightly to 68.6%, indicating a healthy financial position. Additionally, TOWA forecasts continued growth for the fiscal year ending March 31, 2025, with an expected annual dividend increase to 60 yen per share.
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