Sangetsu Corporation’s Nine-Month Financial Review Shows Sales Growth Amid Profit Decline
Sangetsu Corporation has reported its nine-month financial results for the period ending December 31, 2024, showing a 5.2% increase in net sales year-over-year. However, the company faced a decline in operating profit by 15.5% and profit attributable to owners by 19.2%. This indicates challenges in maintaining profitability despite sales growth, which may affect its market position. Sangetsu operates in the interior design sector, focusing on products like wallcoverings and flooring, and is listed on the Tokyo and Nagoya Stock Exchanges.
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