tiprankstipranks
Trending News
More News >

Hi-Lex Corporation Reports Strong Profit Growth Amid Slight Sales Decline

Story Highlights
Hi-Lex Corporation Reports Strong Profit Growth Amid Slight Sales Decline

Confident Investing Starts Here:

Hi-Lex Corporation ( (JP:7279) ) has issued an update.

Hi-Lex Corporation reported its consolidated financial results for the six months ending April 30, 2025, showing a slight decrease in net sales by 1.3% compared to the previous year. Despite this, the company achieved a significant increase in ordinary profit by 62.9% and a substantial rise in profit attributable to owners of the parent by 823.8%. The company also announced an increase in annual dividends per share, reflecting its commitment to returning value to shareholders.

More about Hi-Lex Corporation

Hi-Lex Corporation operates within the automotive industry, primarily focusing on the production of control cables and related components. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in vehicle control systems.

Average Trading Volume: 44,786

Technical Sentiment Signal: Buy

Current Market Cap: Yen59.44B

Find detailed analytics on 7279 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App