Alps Alpine Co (JP:6770) has released an update.
Alps Alpine Co. reported a modest 3.2% increase in net sales for the six months ending September 2024, despite a significant drop in net income by 84.9% year-on-year. The company forecasts a slight decline in net sales for the fiscal year ending March 2025, though it expects a 16.7% rise in operating income. Investors may find the increased dividend forecast to be a positive sign amidst fluctuating earnings.
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