EF-ON Inc. Reports Improved Profits Amid Slight Sales Decline

EF-ON, Inc. ( (JP:9514) ) has issued an update.

EF-ON Inc. has reported its consolidated financial results for the six months ending December 31, 2024, under Japanese GAAP. The company experienced a slight decline in net sales by 1.1% compared to the previous year, yet saw significant growth in operating profit and ordinary profit by 30% and 58.1% respectively. This reflects a strategic improvement in operational efficiency. Despite the decrease in total assets, the equity ratio has improved slightly, indicating a healthier balance sheet. The forward-looking statements forecast a positive outlook for the full fiscal year ending June 30, 2025, with expected increases in net sales, operating profit, and earnings per share.

More about EF-ON, Inc.

EF-ON Inc. is listed on the Tokyo Stock Exchange and operates within the energy sector. The company is involved in the generation and distribution of electricity, primarily focusing on the Japanese market.

YTD Price Performance: -1.81%

Average Trading Volume: 45,469

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: Yen8.22B

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