Home » Brother Industries Reveals Marginal Sales Increase and 1.64% Downturn in Net Income for Q3 2023

Brother Industries Reveals Marginal Sales Increase and 1.64% Downturn in Net Income for Q3 2023

by Staff

NAGOYA, Japan – November 2023 – Brother Industries, Ltd has recently released its financial report for the quarter ending September 2023, unveiling a slight 1.16% rise in sales and a modest 1.64% decline in net income. The company reported sales of USD 1.82 billion (Yen 199.23 billion), indicating a marginal increase from the previous quarter’s USD 1.79 billion (Yen 196.93 billion). However, net income experienced a downturn, with the current quarter showing USD 115.9 million (Yen 12.66 billion) compared to the previous quarter’s USD 117.6 million (Yen 12.87 billion), reflecting a 1.64% decrease.

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