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Iida Group Holdings Sees Profit Dip Amidst Revenue Growth
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Iida Group Holdings Sees Profit Dip Amidst Revenue Growth

Iida Group Holdings Co (JP:3291) has released an update.

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Iida Group Holdings Co., Ltd. reports a slight increase in revenue by 3.3% for the first quarter ending June 30, 2024, but sees a downturn in profits with net profit dropping by 21.3%. The company maintains a stable financial position with total assets at 1,786,998 million yen and a total equity ratio of 54.2%. Looking ahead, the company forecasts continued revenue growth and a recovery in profits for the fiscal year ending March 31, 2025.

For further insights into JP:3291 stock, check out TipRanks’ Stock Analysis page.

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