Gunze (JP:3002) has released an update.
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.
Gunze Limited reported a rise in net sales and profits for the first half of 2024, with a 3.3% increase in net sales and an 11.3% rise in profit attributable to owners of the parent compared to the previous year. The company also anticipates a significant growth in profits for the fiscal year ending March 2025, forecasting a 46.8% increase in profit attributable to owners. Despite a slight decline in their capital adequacy ratio, Gunze remains optimistic about future financial performance.
For further insights into JP:3002 stock, check out TipRanks’ Stock Analysis page.