Seikitokyu Kogyo Co., Ltd. (JP:1898) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Seikitokyu Kogyo Co., Ltd. reported a positive turnaround in their consolidated financial results for the three months ending June 30, 2024, with net sales increasing by 15.2% to 20,624 million yen and profit attributable to owners reaching 123 million yen. In contrast to the previous year’s losses, the company also forecasts an upward trend with a 10.1% increase in net sales and a 35% rise in profit attributable to owners for the full fiscal year ending March 31, 2025. No dividends were paid in the first quarter, but a total of 90 yen per share is forecasted for the full fiscal year.
For further insights into JP:1898 stock, check out TipRanks’ Stock Analysis page.