Cawachi Limited (JP:2664) 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.
Cawachi Limited reported a slight increase in net sales to 71,336 million yen but a decrease in operating profit, ordinary profit, and profit attributable to owners by 8.5%, 10.6%, and 10.1% respectively, in June 2024 compared to the previous year. The company’s total assets grew, while net assets decreased slightly, resulting in a capital adequacy ratio of 55.6%. Additionally, Cawachi Limited has announced a second-quarter dividend forecast of 0.00 yen per share.
For further insights into JP:2664 stock, check out TipRanks’ Stock Analysis page.