Tokuyama’s Q1 Shows Strong Profit Growth

Tokuyama (JP:4043) has released an update.

Tokuyama Corporation reports a robust first quarter for fiscal 2024 with a notable increase in operating profit by 45.9% and ordinary profit by 49.0%, despite a slight decrease in net sales. Shareholders’ equity has seen a positive trend, and the company predicts a dividend of 100 yen per share for the fiscal year. Moreover, the forecast for the full fiscal year remains optimistic, projecting significant growth in profits and earnings per share.

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