HOYA CORPORATION Experiences Strong Growth

HOYA (JP:7741) has released an update.

HOYA CORPORATION reported a robust financial performance for the first quarter ending June 30, 2024, with a significant increase in revenue by 17.3% and profit before tax by 25.5%. The company witnessed a growth in profit attributable to its owners by 23.4% and forecasts a continued positive trajectory for the first half of the year. The financial position remains strong with a rise in total equity and assets, although there’s a noted increase in capital expenditure and R&D expenses.

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