Elecom Co. Reports Decline in Q1 Profits Despite Sales Growth
Company Announcements

Elecom Co. Reports Decline in Q1 Profits Despite Sales Growth

Elecom Co (JP:6750) has released an update.

Elecom Co., Ltd. reported a mixed financial performance in the first three months of FY2025, with a slight increase in net sales but significant declines in operating profit, ordinary profit, and profit attributable to owners by 25.2%, 37.4%, and 38.5% respectively. The company’s total assets and net assets showed marginal growth, and the forecast for the fiscal year ending March 31, 2025, predicts higher net sales and operating profit. There were no changes in dividend forecasts, with the expected total annual dividend for FY2025 set at 48.00 yen per share.

For further insights into JP:6750 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskElecom Co Unveils Growth Strategy with Sustainability Focus
TipRanks Japan Auto-Generated NewsdeskElecom Co. Finalizes Stock Option Details
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App