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Daikin Posts Higher Sales but Lower Profits
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Daikin Posts Higher Sales but Lower Profits

Daikin (JP:6367) has released an update.

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Daikin Industries, Ltd. reports a 14.3% increase in net sales but a decline in profits, with profit attributable to owners down by 21.4% for the quarter ending June 30, 2024. The company’s total assets grew, and they plan a special dividend for their 100th anniversary. No changes to the previously announced business forecasts were made, and the equity ratio experienced a slight decrease.

For further insights into JP:6367 stock, check out TipRanks’ Stock Analysis page.

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