Shinnihon CorporationTSE: 1879

Shinnihon Corporation: Sales grew 10.2% but net income fell 5.2% year-over-year; guidance remains cautiously optimistic

· Issued by Shinnihon Corporation

Net sales rose 10.2% year-over-year, but operating and net income declined for the six months ended September 30, 2024. The equity-to-asset ratio improved, and full-year guidance projects modest growth in sales and profit.

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