Shinnihon CorporationTSE: 1879

Shinnihon Corporation: Sales rose, but profits declined; full-year outlook and dividend remain steady

· Issued by Shinnihon Corporation

Net sales increased 4.5% year-over-year, but operating and net income declined by 13.2% and 15.1% respectively. The outlook for the full year remains positive with slight growth forecasted in sales and income, and the annual dividend is maintained.

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