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Syuppin Co., Ltd. Reports Strong Quarterly Growth
Company Announcements

Syuppin Co., Ltd. Reports Strong Quarterly Growth

Syuppin Co., Ltd. (JP:3179) has released an update.

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Syuppin Co., Ltd. has reported a significant year-on-year increase in their non-consolidated financial results for the three months ended June 30, 2024, with net sales up 21.2%, operating profit by 44.8%, ordinary profit by 49.8%, and net income by 54.4%. The company’s financial position also strengthened, with total assets and net assets growing, and a capital adequacy ratio of 52.1%. Additionally, Syuppin forecasts continued growth in the next fiscal year, projecting increases in net sales and profits.

For further insights into JP:3179 stock, check out TipRanks’ Stock Analysis page.

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