Business
NSW: Sales rose 4.2% year-over-year, but profits and net income declined; outlook remains cautious
NSW: Sales rose 4.2% year-over-year, but profits and net income declined; outlook remains cautious
About this update from Nsw Inc.
Net sales grew 4.2% year-over-year, but operating and ordinary profits declined, with net income down 8.6%. The full-year outlook projects modest sales growth but lower profits, and the capital adequacy ratio improved to 77.1%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.