Arakawa Chemical Industries,Ltd. (JP:4968) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Arakawa Chemical Industries, Ltd. reported a positive turnaround in their financial performance for the three months ending June 30, 2024, with net sales increasing by 11.3% to 19,261 million yen and profits attributable to owners of the parent surging to 1,799 million yen, a marked improvement from the previous year’s losses. The company’s equity ratio also saw a slight increase from 44.8% to 47.1%, indicating a stronger financial position. They have maintained their annual dividend forecast at 48.00 yen per share, with no changes from the prior announcement.
For further insights into JP:4968 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money