Watahan & Co., Ltd. (JP:3199) has released an update.
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Watahan & Co., Ltd. reported a robust increase in their quarterly earnings, with net sales rising by 6.9% and operating profit skyrocketing by 243.2% compared to the same period last year. However, despite the positive gains in profitability, the company’s capital adequacy ratio slightly decreased from 28.7% to 26.9%. No dividends were declared for the second quarter of the fiscal year.
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