Yondenko Corporation Reports Strong Quarterly Growth

Yondenko Corporation (JP:1939) has released an update.

Yondenko Corporation reported a robust performance for the quarter ending June 30, 2024, with a 14.8% increase in net sales and over 50% rise in profits attributable to owners. The company also announced a dividend forecast post-stock split, projecting a year-end dividend of ¥75 per share for the fiscal year ending March 31, 2025. Despite the optimistic quarterly report, the full-year forecast suggests a decrease in operating and ordinary profits, alongside a 12.5% drop in profit attributable to owners.

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