ULVAC Reports Strong Q1 Financial Performance

ULVAC (JP:6728) has released an update.

ULVAC, Inc. reported a significant improvement in its financial performance for the first quarter ending September 30, 2024, with a notable 10.9% increase in net sales and a substantial rise in profit attributable to owners, soaring by 228.8% year-on-year to ¥3,731 million. The company’s strong results are reflected in its basic earnings per share, which climbed to ¥75.72 from ¥23.04 the previous year. Despite a decrease in total assets, ULVAC maintains a solid equity-to-asset ratio, underscoring its robust financial position.

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