SINANEN HOLDINGS CO.LTD. (JP:8132) has released an update.
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Sinanen Holdings Co., Ltd. reported a downturn in net sales by 11% to 63,552 million yen for the three months ended June 30, 2024, but showed a positive shift with a profit attributable to owners of 338 million yen, contrasting the previous year’s loss of 361 million yen. The company’s financial position also strengthened with an equity ratio of 60.8% as of June 30, 2024, up from 49.1% on March 31, 2024. Looking ahead, the company forecasts a slight decrease in full-year net sales, with a profit per share of 165.49 yen.
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