bullish
Nitto Kogyo Corporation (6651 JP) - 4Q Follow-Up
SUMMARY
- NITTO KOGYO Corporation (hereafter, the Company) announced its earnings results for FY2024/3 on May 15, 2024.
- In addition to posting record net sales, the Company recorded profit growth for all three of its segments.
- While the price of raw materials and parts rose, the Company’s gross profit margin improved 1.4 ppt YoY to 26.8%.
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