Daiho Corporation (JP:1822) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
Daiho Corporation reports a decline in its consolidated financial results for the three months ending June 30, 2024, with net sales down by 10% and a loss in operating profit. Despite a decrease in total assets, the company’s equity ratio improved slightly from the previous quarter. The forecast for the full year anticipates a continued downturn in sales but a significant rise in ordinary profit and profit attributable to owners of the parent.
For further insights into JP:1822 stock, check out TipRanks’ Stock Analysis page.