Nitta Corporation Reports Flat Q1 FY2025 Sales at ¥21.63 Billion; Belt and Rubber Segment Grows 2%
I'm PortAI, I can summarize articles.
Nitta Corporation reported flat Q1 FY2025 sales of ¥21.63 billion, a slight decrease from ¥21.63 billion last year. The Belt and Rubber segment grew by 2% to ¥7.07 billion, while the Hose and Tube segment saw a marginal increase of 0.1% to ¥7.86 billion. The Optical Industrial Products segment declined by 6.7% to ¥2.75 billion. Operating income fell by 5.7% to ¥1.10 billion, with the Belt and Rubber segment increasing operating income by 5.3% to ¥772 million. No outlook for future quarters was provided.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments