Zuiko Corporation (JP:6279) has released an update.
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Zuiko Corporation reported a year-on-year decrease in net sales and profits for the quarter ended May 20, 2024, with net sales down 4.1% and a significant drop in profit attributable to owners of the parent. The company’s financial position showed a slight decrease in total assets and net assets compared to February 2024. Looking ahead, Zuiko anticipates an increase in net sales and operating profit for the fiscal year ending February 2025, although a decrease in profit attributable to owners is expected.
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