Car Mate Mfg. Co Ltd (JP:7297) 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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Car Mate Mfg. Co Ltd reported a slight increase in net sales to 3,374 million yen in June 2024, up from 3,366 million yen the previous year, while significantly reducing its operating loss from -86 million to -21 million yen. Comprehensive income saw a dramatic increase to 402 million yen from 73 million yen, with a notable improvement in capital adequacy ratio to 72.6%. The quarter also marked a dividend payout of 15.00 yen per share.
For further insights into JP:7297 stock, check out TipRanks’ Stock Analysis page.