India, April 6 -- Shares of and ST HD Co., Ltd. (ACOLF,2685.T) were down around 5 percent on the Tokyo Stock Exchange after the fashion company on Monday reported lower net profit in fiscal 2026 due to extraordinary losses, despite higher sales. Looking ahead for fiscal 2027, the company projects higher profit and sales.
Net profit for the year fell 1.2 percent to 9.498 billion Japanese yen or 205.86 yen per share from 9.614 billion Japanese yen or 208.93 yen per share last year, due to extraordinary losses.
However, ordinary profit increased 5.4 percent from last year to 16.827 billion yen. Operating profit grew 6.5 percent to 16.524 billion yen from 15.510 billion yen in the prior year.
For the financial year 2026, net sales increased ...