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Shin Nippon Biomedical Reports Revenue Growth Amid Profit Decline
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Shin Nippon Biomedical Reports Revenue Growth Amid Profit Decline

Shin Nippon Biomedical Laboratories, Ltd. (JP:2395) has released an update.

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Shin Nippon Biomedical Laboratories reported a 5.3% increase in revenue for the six months ending September 2024, reaching 12,508 million yen, despite a significant drop in operating profit by 96.6%. The company’s net assets grew to 36,453 million yen, although the equity ratio decreased to 40.9%. Dividends for the fiscal year are forecasted to remain stable at 50 yen per share.

For further insights into JP:2395 stock, check out TipRanks’ Stock Analysis page.

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