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HKS Co., Ltd. Reports Downturn in Nine-Month Performance

HKS Co., Ltd. Reports Downturn in Nine-Month Performance

HKS Co., Ltd. (JP:7219) has released an update.

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HKS Co., Ltd. has reported a decline in operating results for the nine months ended May 31, 2024, with net sales dropping by 3.8% and operating profit by 31.5% compared to the previous corresponding period. Despite this, the company’s total assets slightly decreased, while net assets and capital adequacy ratio saw a moderate increase. The company has maintained its dividend forecast for the fiscal year ending August 31, 2024, at 65 yen per share.

For further insights into JP:7219 stock, check out TipRanks’ Stock Analysis page.

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