Wakachiku Construction’s Quarterly Earnings Decline

Wakachiku Construction Co., Ltd. (JP:1888) has released an update.

Wakachiku Construction Co., Ltd. reports a significant decrease in net sales, operating profit, ordinary profit, and profit attributable to owners of the parent for the three months ended June 30, 2024, compared to the same period last year. Earnings per share have also dropped from 86.56 yen to 2.57 yen. Despite this, the company forecasts a modest increase in net sales for the full year ending March 31, 2025, with a slight decrease in operating and ordinary profits.

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