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IBIDEN Reports Strong Q2 Financial Performance for FY2024
November 4, 2024 | IBIDENEstimated reading time: Less than a minute
IBIDEN Co., Ltd. released its Q2 FY2024 financial report, showcasing solid growth across its core business segments. Net sales reached ¥181.6 billion, a slight decrease from the previous year, while the electronics segment reported a 4.2% drop due to market adjustments.
However, operating profit surged by 18.4%, with ceramics showing a 23% increase. Ibiden attributes this success to optimized operations and strategic investments, setting a positive outlook for FY2024.
Full-year guidance remains stable, supported by ongoing cost management and operational efficiencies.
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