Shinmaywa Industries (JP:7224) has released an update.
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Shinmaywa Industries, Ltd. reports a strong start to 2024 with a significant increase in net sales and profits for the first quarter ending June 30th, under Japanese GAAP. Net sales rose by 9.6% and profits attributable to owners jumped by 133.1% compared to the same period in the previous year. The company also forecasts a positive outlook for the full fiscal year ending March 31, 2025, with an expected increase in net sales and a stable earnings per share.
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