Toda Corporation (JP:1860) has released an update.
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Toda Corporation reported a 2.3% decrease in net sales and a significant 93.5% increase in profit attributable to owners for the quarter ended June 30, 2024, compared to the same period last year. The company’s financial position remains stable with a capital adequacy ratio of 40.2%. Looking ahead, Toda Corporation forecasts a substantial year-on-year increase in net sales, operating profit, and profit attributable to owners for the full fiscal year ending March 31, 2025.
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