Kitagawa Seiki Co., Ltd. (JP:6327) has released an update.
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Kitagawa Seiki Co., Ltd. reported a decrease in net sales by 8.2% and a 10% drop in profit attributable to owners from the previous year, despite an increase in operating profit by 10.9%. The company’s total assets decreased, while their capital adequacy ratio improved significantly to 56.5%. Additionally, there was a notable increase in cash flows from operating activities compared to the previous year.
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