NTN (JP:6472) has released an update.
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NTN Corporation reports a 5% increase in net sales and a significant 204.2% jump in operating income for the first quarter ended June 30, 2024, despite a sharp 89.6% drop in profit attributable to owners of the parent. The company’s consolidated financial position has strengthened, with total assets and net assets both showing growth from the previous year. NTN also projects a year-on-year increase in net sales and operating income for the full fiscal year ending March 31, 2025.
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