SEIKO GROUP Reports Strong Sales and Profit Growth

SEIKO GROUP CORPORATION (JP:8050) has released an update.

SEIKO GROUP CORPORATION reports a year-on-year increase in net sales by 17.6% and a significant 41.2% boost in operating profit for the first quarter of the fiscal year, while its comprehensive income has declined. The company’s financial position remains strong with a solid equity-to-asset ratio of 40%. Additionally, there’s no change to the forecast of cash dividends, with the financial forecast for the fiscal year being revised.

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