Rohm Co Faces Sharp Declines in Q1 FY2024 Earnings

Rohm Co (JP:6963) has released an update.

Rohm Co, Ltd. reports a significant decrease in financial performance for the first quarter of FY2024, with a 1.6% drop in net sales and more drastic declines in operating income and net income, falling by 92.8% and 82.8% respectively when compared to the same quarter last year. The company’s EBITDA also saw a reduction of 35.6%.

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