Envipro Holdings Projects Recovery After Profit Dip

Envipro Holdings, Inc. (JP:5698) has released an update.

Envipro Holdings, Inc. reports a mixed fiscal year ended June 2024, with a 6.1% increase in net sales but a significant 56.5% decline in profits attributable to owners. Despite this, the company forecasts a strong year ahead with expected improvements in profits by 175.4% and an ordinary profit increase of 12.2% for fiscal year ending June 2025. Dividend payments reduced to 6.00 yen per share compared to the previous year’s 14.00 yen.

For further insights into JP:5698 stock, check out TipRanks’ Stock Analysis page.