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NIHON DENGI Posts Mixed Quarterly Financials
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NIHON DENGI Posts Mixed Quarterly Financials

NIHON DENGI CO., LTD. (JP:1723) has released an update.

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NIHON DENGI CO., LTD. reported a decrease in net sales by 9% for the quarter ending June 30, 2024, compared to the previous year, but saw significant improvements in operating profit, ordinary profit, and profit attributable to owners, which surged by more than 44%. The company also announced a forecast of increased net sales and a slight decline in profits for the fiscal year ending in March 2025. Despite the mixed financial performance, the equity ratio improved, indicating a stronger financial position.

For further insights into JP:1723 stock, check out TipRanks’ Stock Analysis page.

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