Shinnihon Corp’s Mixed Financial Performance Boosts Equity

Shinnihon Corporation (JP:1879) has released an update.

Shinnihon Corporation reported a year-on-year increase in net sales by 10.2% for the six months ending September 30, 2024, although its operating and ordinary incomes saw a decline. Despite the drop in earnings per share from 78.51 yen to 74.44 yen, the company’s equity-to-asset ratio improved to 70.5%, indicating a strong financial position.

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