Galilei Co.ltd.TSE: 6420

Galilei Co: Sales rose 11%, but profit and comprehensive income declined; full-year profit is forecast to fall

· Issued by Galilei Co.ltd.

Net sales grew 11.0% year-over-year, but operating profit and net income declined slightly. Full-year guidance projects modest sales growth but a notable decrease in profit. Comprehensive income was impacted by losses on securities valuation.

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