Airman reports Q1 profit decline despite increased sales

Airman Corporation reported net sales of 13,254 million yen for the three months ended June 30, up 0.4% year-on-year. However, operating profit decreased 5.1% to 1,614 million yen, while ordinary profit fell 30.8% to 1,542 million yen.

Profit attributable to owners declined 29.7% to 1,090 million yen, highlighting the company's struggle to convert modest sales growth into bottom-line performance.