Business
FIRSTEC: Revenue fell but net income rose, with strong cash growth and continued R&D investment
FIRSTEC: Revenue fell but net income rose, with strong cash growth and continued R&D investment
About this update from Firstec Co., Ltd
Revenue and operating profit declined year-over-year, but net income improved and cash reserves surged. The company remains focused on R&D and facility expansion to boost competitiveness in the defense sector, with stable demand supported by rising national defense budgets.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.