Topre Corporation Reports 5.3% Increase in Net Sales, 27.6% Decline in Ordinary Profit for Fiscal Year Ending March 31, 2025
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Topre Corporation reported a 5.3% increase in net sales to 373.5 billion yen for the fiscal year ending March 31, 2025, driven by growth in Mexico and India. However, ordinary profit fell 27.6% to 27.3 billion yen due to a foreign exchange loss. Operating profit rose 27.9% to 28.6 billion yen, supported by higher sales in North America. The company's overall profit decreased by 17.3% to 14.1 billion yen, impacted by an impairment loss on a foreign subsidiary. No earnings forecast was provided for the next fiscal year.
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