Mabuchi Motor Co (JP:6592) has released an update.
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Mabuchi Motor Co., Ltd. reported a significant increase in their first half-year financial results for 2024, with net sales up by 16.8% and operating income surging by 120.7% compared to the same period in 2023. Profit attributable to owners of the parent rose by 23.5%, and earnings per share increased following a stock split. The company’s strong performance is also reflected in its equity ratio of 90.9% as of June 30, 2024, indicating a robust financial position.
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