Toyo Engineering Q1 FY27 operating profit more than doubled to JPY 1.92 billion; net sales fall 2.5% to JPY 48.11 billion

• Toyo Engineering posted Q1 operating profit of ¥1.92 billion, more than doubled from a year earlier, as net sales slipped 2.5% to ¥48.11 billion.
• Ordinary profit rose to ¥3.37 billion, more than doubled year on year; profit attributable to owners of parent climbed to ¥2.88 billion.
• Basic earnings per share increased to ¥49.12 from ¥9.55 in the prior-year quarter.
• For FY2027, it maintained forecasts for net sales of ¥190 billion, operating profit of ¥3 billion, ordinary profit of ¥7.5 billion.
• The company forecast an annual dividend of ¥25 per share for FY2027, following no dividend for FY2026.

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