Namura Shipbuilding Co., Ltd.TSE: 7014

Namura Shipbuilding: Q1 saw lower profits from yen strength and cost pressures, but new ship orders surged 17%

· Issued by Namura Shipbuilding Co., Ltd.

Revenue and profits declined year-over-year due to yen appreciation and higher costs, but order backlog in new shipbuilding grew 17%. Full-year guidance and dividend forecasts remain unchanged.

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