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Giken Ltd. ( (JP:6289) ) has issued an announcement.
Giken Ltd. reported a significant decline in its financial performance for the three months ended November 30, 2024, with net sales dropping by 25.4% and profits attributable to owners falling by 58% compared to the previous year. The company maintains a strong equity ratio of 84.5%, despite the downturn, and has not revised its earnings forecast for the fiscal year ending August 31, 2025, indicating cautious optimism for recovery.
More about Giken Ltd.
Giken Ltd. is a company listed on the Tokyo Stock Exchange, specializing in manufacturing and offering products and services primarily within the construction and engineering sectors.
YTD Price Performance: -3.51%
Average Trading Volume: 66,962
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: Yen46.86B
Learn more about 6289 stock on TipRanks’ Stock Analysis page.