Nippon Beet Sugar Manufacturing Co., Ltd. (JP:2108) has released an update.
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Nippon Beet Sugar Manufacturing Co., Ltd. reported a significant increase in ordinary profit for the three months ending June 30, 2024, with a 207.4% rise despite a 9.4% drop in net sales from the previous year. The company also forecasts a decrease in net sales and operating profit for the fiscal year ending March 31, 2025, but anticipates a substantial increase in profit attributable to owners of the parent by 242.2%. Notably, the equity ratio improved to 77.5% as of June 30, 2024, from 70.4% at the end of the last fiscal year.
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