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Headwaters Co. Reports Strong Growth in Q2 FY2024

Headwaters Co. Reports Strong Growth in Q2 FY2024

Headwaters Co., Ltd. (JP:4011) has released an update.

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Headwaters Co., Ltd. has reported significant growth in its second quarter financial results for FY2024, with a 15.1% increase in net sales and a substantial rise in operating profit by 323.4% compared to the same period last year. The company’s profit attributable to owners has surged by 334.7%, and earnings per share have climbed from 16.11 yen to 53.44 yen. These results reflect the successful reclassification of service categories and the discontinuation of the OPS Services category.

For further insights into JP:4011 stock, check out TipRanks’ Stock Analysis page.

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