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Yamae Group Sees Surge in Net Sales Amid Profit Challenges

Yamae Group Sees Surge in Net Sales Amid Profit Challenges

YAMAE GROUP HOLDINGS CO.,LTD. (JP:7130) has released an update.

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Yamae Group Holdings reported a significant 55.2% increase in net sales for the first half of 2024, reaching 479.8 billion yen, despite a 9% decline in operating profit. The company achieved a 6.5% rise in profit attributable to owners, amounting to 4.2 billion yen. However, comprehensive income dropped sharply by 56.1% to 2.8 billion yen compared to the same period last year.

For further insights into JP:7130 stock, check out TipRanks’ Stock Analysis page.

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