Aida Engineering,Ltd. (JP:6118) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
AIDA Engineering, Ltd. reports a solid performance with a 5.9% increase in net sales to ¥17,858 million, a 33.9% rise in operating profit to ¥899 million, and a significant 64% jump in profit attributable to owners at ¥776 million in June 2024 compared to the previous year. However, comprehensive income fell by 32.9%, and the capital adequacy ratio slightly decreased to 63.6% from 65.2% in March 2024. The company’s basic earnings per share also improved to ¥13.36 from ¥7.93.
For further insights into JP:6118 stock, check out TipRanks’ Stock Analysis page.