Daiki Aluminium Industry Co., Ltd. (JP:5702) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
DAIKI Aluminium Industry Co., Ltd. reported a slight decrease in net sales and a significant drop in profitability in the first quarter of 2024 compared to the previous year, with net sales down 0.7% and profits attributable to owners down by 57.5%. The company’s equity ratio slightly decreased from 51.4% to 50.1%, indicating a minor change in financial position. Despite this, DAIKI projects an increase in sales and profits for the full year ending March 31, 2025.
For further insights into JP:5702 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue