UBE Industries (JP:4208) has released an update.
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UBE Corporation reported an increase in their first-quarter financial performance for 2024, with net sales rising to 115,385 million yen and profits attributable to owners up by 31.4% compared to the previous year. The company’s financial position remains strong, with total assets at 807,514 million yen and a solid shareholders’ equity ratio of 51.8%. Additionally, UBE forecasts continued growth for the fiscal year ending March 2025, with a projected 8.9% increase in net sales and a 20.2% rise in operating profit.
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