Sanyo Special Steel Co., Ltd. (JP:5481) has released an update.
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Sanyo Special Steel Co., Ltd. reports a year-on-year decline in consolidated financial results for the three months ended June 30, 2024, with net sales, operating profit, ordinary profit, and profit attributable to owners of the parent decreasing significantly. Despite the downturn, the company has outlined dividend forecasts and anticipates a modest recovery in full-year profit forecasts. The financial position remains stable, with total assets and net assets showing a slight increase from the previous quarter.
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