ENEOS Holdings Reports Q2 Decline, Revises Dividend Forecast

ENEOS Holdings (JP:5020) has released an update.

ENEOS Holdings reported a decline in their financial performance for the second quarter of FY2024, with revenue decreasing by 4.1% and profit before tax dropping by 53.4% compared to the previous year. Despite the downturn, the company anticipates a slight revenue growth of 1% for the full fiscal year 2024. The dividend forecast has been revised upwards, reflecting a potential increase in shareholder returns.

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