Toyota Boshoku (JP:3116) has released an update.
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Toyota Boshoku Corporation reported a slight increase in revenue by 2.6% year-on-year for the three months ending June 30, 2024, but saw a significant decline in profits, with operating profit, profit before income taxes, and profit attributable to owners decreasing by 24.7%, 23.5%, and 30.5% respectively. In contrast, comprehensive income rose by 6.6%. The corporation also announced an unchanged dividend forecast of 86 yen per share for the fiscal year ending March 31, 2025.
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