Japanese industrial gases group Nippon Sanso Holdings Corporation (NSHD) has reported its financial results for the third quarter (Q3) FYE2024, highlighting enhanced profitability, continued disciplined price management, the seizure of business opportunities in the electronics industry
Q3 saw the company’s revenue stand at $2.1bn, a 5.6% increase year-on-year (YoY) compared with Q3 FYE2023’s figure of $2bn. Revenue for the first three quarters of FYE2024 (1st April, 2023 – 31st December 2023) was reported as $6.3bn, an uptick of 6.4% compared with FYE2023.
Core operating income was reported at $291m, a 37.3% increase compared with Q3 FYE2023’s figure of $211.8m. Core operating income for the first three quarters of FYE2024 was reported as $845m, an increase of 42.5% compared with the first three quarters of FYE2023.
Business performance by segment for quarter three (Q3) FYE2024
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