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Sanyo Shokai Ltd. Faces Profit Decline but Forecasts Recovery
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Sanyo Shokai Ltd. Faces Profit Decline but Forecasts Recovery

Sanyo Shokai Ltd. (JP:8011) has released an update.

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Sanyo Shokai Ltd. reports a slight decline in net sales and significant decreases in operating profit, ordinary profit, and profit attributable to owners of parent for the six-month period ending August 31, 2024, compared to the same period in the previous year. Despite the downturn, the company forecasts an increase in all financial metrics for the full year ending February 28, 2025. The firm maintains a stable equity ratio and has announced a forecasted year-end cash dividend of 125 yen per share.

For further insights into JP:8011 stock, check out TipRanks’ Stock Analysis page.

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