Daiho Corporation Faces Decline in Quarterly Financials

Daiho Corporation (JP:1822) has released an update.

Daiho Corporation reports a decline in its consolidated financial results for the three months ending June 30, 2024, with net sales down by 10% and a loss in operating profit. Despite a decrease in total assets, the company’s equity ratio improved slightly from the previous quarter. The forecast for the full year anticipates a continued downturn in sales but a significant rise in ordinary profit and profit attributable to owners of the parent.

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