Hagiwara Electric Holdings Co (JP:7467) has released an update.
Hagiwara Electric Holdings Co. reported a significant increase in net sales for the six months ended September 30, 2024, with a 22% rise compared to the same period in 2023. However, the company faced a decline in profits, with operating profit and ordinary profit dropping by 18.8% and 30.6%, respectively. Despite the profit challenges, the company’s net sales growth indicates a strong market demand for its products.
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