Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Goldwin ( (JP:8111) ) just unveiled an announcement.
Goldwin Inc. reported its consolidated financial results for the nine months ending December 31, 2024, showing a slight increase in net sales by 2.1% to ¥96,833 million compared to the same period in the previous year. However, the company experienced declines in operating profit and ordinary profit by 11.7% and 7.2%, respectively, indicating challenges in maintaining profitability despite increased sales. The equity ratio slightly decreased to 69.5%, reflecting stability in its financial position, while the forecast for the full fiscal year anticipates a 5% increase in net sales with a notable decrease in profits. The company also announced a forecasted annual dividend, demonstrating a commitment to returning value to shareholders despite financial fluctuations.
More about Goldwin
Goldwin Inc. is a company listed on the Tokyo Stock Exchange, primarily involved in the design, manufacture, and sale of sportswear and outdoor apparel. The firm focuses on providing high-quality products in the competitive apparel industry.
Learn more about 8111 stock on TipRanks’ Stock Analysis page.