Nippon Electric Glass Co (JP:5214) has released an update.
Nippon Electric Glass Co. reported a gain on the sale of non-current assets and significant differences between its forecast and actual financial results for H1 2024, prompting a revision of full-year earnings forecasts. Despite challenges from global economic conditions and rising costs, the company maintains its net sales forecast but expects decreased operating and ordinary profits. They also reaffirmed their commitment to a full-year dividend of 130 yen per share.
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