Nabtesco (JP:6268) has released an update.
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Nabtesco Corporation reported a decline in financial performance for the first half of FY2024, with net sales, operating income, and net income attributable to owners decreasing by 6.4%, 26.0%, and 55.5%, respectively, compared to the same period last year. Despite the downturn, the company maintained a steady dividend of 40 yen for the second quarter and projects a full-year net sales decrease of 3.0% and a 36.1% drop in net income attributable to owners. The company’s total equity as of June 30, 2024, has increased slightly since the end of the previous year.
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