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WDB Holdings Reports Modest Sales Growth Amid Income Decline

WDB Holdings Reports Modest Sales Growth Amid Income Decline

WDB Holdings Co., Ltd. (JP:2475) has released an update.

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WDB Holdings Co., Ltd. reported a 4% year-on-year increase in net sales for the first half of 2024, reaching 25,633 million yen, despite a decline in net income attributable to owners of the parent by 10.7%. The company’s total assets slightly rose to 40,170 million yen, reflecting a stable equity ratio of 76.1%. Looking ahead, WDB Holdings forecasts a 5.1% increase in net sales for the full fiscal year ending March 2025.

For further insights into JP:2475 stock, check out TipRanks’ Stock Analysis page.

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