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Modec ( (JP:6269) ) just unveiled an update.
Modec, Inc. has revised its earnings and dividend forecasts for the fiscal year ending December 2025, citing steady progress in EPCI projects and improved operating performance of existing vessels. The company anticipates an 18.9% increase in revenue and a 29.6% rise in profit attributable to owners, leading to a higher year-end dividend forecast, which will be submitted for approval at the upcoming Annual General Meeting.
The most recent analyst rating on (JP:6269) stock is a Buy with a Yen11200.00 price target. To see the full list of analyst forecasts on Modec stock, see the JP:6269 Stock Forecast page.
More about Modec
Modec, Inc. operates in the energy sector, specializing in engineering, procurement, construction, and installation (EPCI) projects, as well as the operation of floating production storage and offloading (FPSO) vessels. The company focuses on providing solutions to the offshore oil and gas industry.
Average Trading Volume: 951,680
Technical Sentiment Signal: Buy
Current Market Cap: Yen681.5B
See more data about 6269 stock on TipRanks’ Stock Analysis page.