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eGuarantee, Inc. Reports Financial Growth Amid Rising Bankruptcies

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eGuarantee, Inc. Reports Financial Growth Amid Rising Bankruptcies

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eGuarantee, Inc. ( (JP:8771) ) has provided an announcement.

eGuarantee, Inc. reported a 5.0% year-over-year increase in guarantee liabilities to 808.6 billion yen, driven by rising corporate bankruptcies and new contracts. The company also saw a 9.9% rise in net sales and a 4.4% increase in ordinary profit, attributed to a better cost-to-sales ratio and an ongoing risk portfolio review.

More about eGuarantee, Inc.

YTD Price Performance: -3.20%

Average Trading Volume: 142,784

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen82.4B

See more insights into 8771 stock on TipRanks’ Stock Analysis page.

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