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Haseko Corporation Reports Financial Results with Increased Sales but Declining Profits

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Haseko Corporation Reports Financial Results with Increased Sales but Declining Profits

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Haseko ( (JP:1808) ) just unveiled an announcement.

Haseko Corporation reported its consolidated financial results for the nine months ending December 31, 2024, showing a notable increase in net sales by 8.8% compared to the previous period, despite a decline in operating and ordinary profits. The company’s financial forecast for the fiscal year ending March 31, 2025, anticipates a 7.8% increase in net sales but a significant drop in profit attributable to owners of the parent by 46.5%, indicating potential challenges in maintaining profitability.

More about Haseko

HASEKO Corporation is a company listed on the Tokyo Stock Exchange, primarily operating in the construction and real estate industry. The company focuses on urban development, including the construction of residential and commercial buildings.

YTD Price Performance: 4.17%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €3.45B

Learn more about 1808 stock on TipRanks’ Stock Analysis page.

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