Shionogi & Co (JP:4507) has released an update.
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Shionogi & Co. reported a decline in revenues and profits for the first quarter of fiscal year 2024, with revenue decreasing by 10.7% and profits attributable to owners falling by 28.0% compared to the previous year. Despite the downturn, the company maintains a strong equity ratio of 87.9% and has announced a forecasted annual dividend of 170 yen per share for the fiscal year ending March 31, 2025. No significant changes in subsidiaries, accounting policies, or restatements were reported for this period.
For further insights into JP:4507 stock, check out TipRanks’ Stock Analysis page.
