Toyo Tanso Reports Solid Mid-Year Financial Growth

Toyo Tanso Co., Ltd. (JP:5310) has released an update.

Toyo Tanso Co., Ltd. reports a strong financial performance for the first half of 2024, with a 10.8% increase in net sales and a notable 24.9% rise in profits attributable to owners compared to the same period last year. The company’s total assets also grew, reaching 104.2 billion yen as of June 2024, while maintaining a solid equity ratio of 86.1%. Despite not declaring a mid-year dividend, the company forecasts a year-end dividend of 120 yen per share, with an overall optimistic financial forecast for the full year.

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