tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Inaba Denki Sangyo Reports Strong Financial Growth for 2024

Story Highlights
Inaba Denki Sangyo Reports Strong Financial Growth for 2024

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Inaba Denkisangyo Co., Ltd. ( (JP:9934) ) has provided an announcement.

Inaba Denki Sangyo Co., Ltd. reported a notable increase in its financial performance for the nine months ending December 31, 2024, with net sales growing by 12.4% and operating profit increasing by 15.4% year-on-year. The company’s financial forecast for the year ending March 31, 2025, projects continued growth, with net sales expected to rise by 4.8% and operating profit by 10.2%. This performance reflects the company’s strong market positioning and effective strategies in the competitive electrical industry.

More about Inaba Denkisangyo Co., Ltd.

Inaba Denki Sangyo Co., Ltd. is a company listed on the Tokyo Stock Exchange, with a focus on providing products and services in the electrical industry. The company is involved in the sales and distribution of electrical equipment and components, serving a diverse range of markets.

YTD Price Performance: -4.90%

Average Trading Volume: 66,490

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen210.2B

For an in-depth examination of 9934 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1