Hi-Lex Corporation’s Mixed Fiscal Performance and Future Outlook

Hi-Lex Corporation (JP:7279) has released an update.

Hi-Lex Corporation has reported a mixed financial performance for the fiscal year ending October 31, 2024, with a slight increase in net sales but significant declines in operating and ordinary profits. Despite the challenges, the company managed to achieve a positive profit attributable to owners of the parent and plans to increase dividends next year, reflecting cautious optimism. Investors may find Hi-Lex’s improved cash position and future dividend forecasts noteworthy.

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