Sanwa Holdings (JP:5929) has released an update.
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Sanwa Holdings Corporation reported a 7.7% increase in net sales and a notable 25.6% increase in profits attributable to owners for the first quarter ended June 30, 2024, compared to the same period last year. The company’s equity ratio also saw a slight improvement, and they announced a consistent dividend forecast with a total yearly dividend of 78 yen per share, unchanged from the previous fiscal year. Despite a positive current quarter, the full-year forecast suggests a slight downturn in profits, indicating caution for potential investors.
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