Sanix Incorporated (JP:4651) has released an update.
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Sanix Incorporated has reported a significant decline in its financial performance for the first half of 2024, with net sales decreasing by 5.9% year-on-year and profits plunging across all categories. The company’s operating profit dropped by 56.1%, while ordinary profit and profit attributable to owners fell by 62.8% and 76.0%, respectively. Despite these challenges, the equity-to-asset ratio showed a slight improvement, indicating some resilience in their financial position.
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