YAMAE Reports Higher Sales but Lower Profits

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

YAMAE GROUP HOLDINGS CO., LTD. reported a significant increase in net sales by 58.1% for the three months ending June 2024 compared to the previous year, though profits showed a decline, with profit attributable to owners of the parent dropping by 55.6%. The company’s equity ratio decreased slightly from 22.2% to 21.8% over the last quarter, with total assets marginally declining. Looking ahead, YAMAE forecasts a year-on-year increase in net sales and profits for the first half and full year ending March 31, 2025.

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