Business
Saftec Co Ltd: Revenue up, but profits down on higher costs; full-year outlook revised, stock split executed
Saftec Co Ltd: Revenue up, but profits down on higher costs; full-year outlook revised, stock split executed
About this update from Saftec Co., Ltd.
Revenue grew 2.6% year-over-year, but operating and net profit declined sharply due to higher costs and supply delays. Full-year guidance was revised, with revenue expected to rise but operating profit to fall. Stock split and dividend adjustments were implemented.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.