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Bunka Shutter Reports Stable Growth Amid Revised Earnings Forecast

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Bunka Shutter Reports Stable Growth Amid Revised Earnings Forecast

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Bunka Shutter Co., Ltd. ( (JP:5930) ) has provided an update.

Bunka Shutter Co., Ltd. reported a modest increase in net sales by 3.7% for the first nine months ending December 31, 2024, with operating profit slightly decreasing by 1.8%. Despite a decline in ordinary profit, the company saw a 6.6% rise in profit attributable to owners of the parent, reflecting a strong overall performance. The company also revised its earnings forecast for the fiscal year ending March 31, 2025, indicating a positive outlook with expected growth in net sales and profit attributable to owners of the parent. The equity-to-asset ratio remained stable, showing solid financial health.

More about Bunka Shutter Co., Ltd.

Bunka Shutter Co., Ltd. operates in the construction industry, primarily focusing on manufacturing and selling shutters, doors, partitions, and related equipment. The company is listed on the Tokyo Stock Exchange.

YTD Price Performance: -2.59%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €777.7M

Learn more about 5930 stock on TipRanks’ Stock Analysis page.

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