Welcia Holdings Reports Mixed Mid-Year Financials

Welcia Holdings Co., Ltd. (JP:3141) has released an update.

Welcia Holdings Co., Ltd. reports a steady increase in net sales of 3.2% year-on-year for the six months ended August 2024 but faces a decline in operating income, ordinary income, and net income attributable to owners, with a drop of 23.7%, 22.0%, and 27.8% respectively. Total assets have grown since February 2024, and the company maintains a stable dividend payout, forecasting a full-year net income per share of 91.72 yen. Despite the challenges, the company projects a 6.4% rise in full-year net sales, while income figures are expected to contract compared to the previous year.

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