Espec Corp. (JP:6859) has released an update.
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Espec Corp. reports an increase in orders across all segments for Q3 2024, with significant growth in its Equipment Business. Despite this, the company experienced a shortfall in the Equipment Business’s net sales and operating profit, attributed to delayed sales and increased SG&A expenses. Year-on-year, both sales and profits rose, buoyed by strong electronics and automobile-related product performance and a favorable exchange rate.
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