WARABEYA NICHIYO HOLDINGS Co., Ltd. (JP:2918) has released an update.
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WARABEYA NICHIYO HOLDINGS Co., Ltd. reported a 10.3% increase in net sales to 113,636 million yen for the six months ended August 2024, but faced a slight downturn in profitability with operating and ordinary profits dropping by 5.2% and 5.1%, respectively. The company’s profit attributable to owners of the parent showed a marginal increase of 1.8%. Despite this, the forecast for the full fiscal year ending February 2025 predicts a decrease in profit attributable to owners by 53.2% with a net sales growth of 7.5%.
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