AIT Corporation (JP:9381) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
AIT CORPORATION reported a slight decrease in operating revenues and profits in its May 2024 quarterly results compared to the previous year, with operating revenues falling by 2.6% and operating profit by 0.7%. However, they did see an increase in ordinary profit by 1.8% and an impressive 14.9% rise in comprehensive income. The company’s total assets grew to 24,382 million yen, while the capital adequacy ratio experienced a slight dip from 73.4% to 71.9%.
For further insights into JP:9381 stock, check out TipRanks’ Stock Analysis page.