Seiko Electric Co. Showcases Strong Mid-Year Financials

Seiko Electric Co., Ltd. (JP:6653) has released an update.

Seiko Electric Co., Ltd. reports a robust financial performance for the first half of 2024, with a significant increase in net sales by 13.4% and a substantial rise in profit attributable to owners by 36.5%. The company’s consolidated financial forecast for the full year remains optimistic, projecting a 10.8% growth in net sales and a 12.3% increase in profit attributable to owners. Dividend payments are also expected to rise, with a forecasted annual dividend of 40 yen per share.

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