Polaris Holdings Co., Ltd (JP:3010) has released an update.
Polaris Holdings Co., Ltd. reported a significant increase in their consolidated financial results for the three months ending June 30, 2024, with net sales rising by 73.4% and operating profit soaring by 142.1% compared to the same period last year. The company’s equity-to-asset ratio also improved from 29.7% to 31.6% from the end of the last fiscal year to June 2024. Despite a robust quarter, the full year forecast suggests a decrease in net sales and profits, with an expected drop in basic earnings per share to 11.87 yen.
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