Oriental Shiraishi Corporation (JP:1786) has released an update.
Oriental Shiraishi Corporation reported a strong performance for the quarter ended June 30, 2024, with an 8.6% increase in net sales and significant growth in operating profit by 96.7%. The company’s profit attributable to owners of parent surged by 85.5%, with a comprehensive income rise of 41.2% compared to the previous year. Despite a projected downturn in the next full fiscal year, Oriental Shiraishi maintains a steady equity-to-asset ratio and has announced a consistent dividend forecast.
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