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CREEK & RIVER Faces Profit Decline Yet Optimistic Outlook

CREEK & RIVER Faces Profit Decline Yet Optimistic Outlook

CREEK & RIVER Co., Ltd. (JP:4763) has released an update.

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CREEK & RIVER Co., Ltd. reports a slight increase in net sales but a notable decrease in profits for the first quarter ended May 31, 2024, compared to the previous year. The company’s consolidated financial results show year-on-year declines in operating profit, ordinary profit, and profit attributable to owners. Despite the dips, they forecast growth in net sales and profits for the upcoming six months and the full fiscal year.

For further insights into JP:4763 stock, check out TipRanks’ Stock Analysis page.

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