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Inaba Denki Sangyo Reports Strong Q1 Growth

Inaba Denki Sangyo Reports Strong Q1 Growth

Inaba Denkisangyo Co., Ltd. (JP:9934) has released an update.

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Inaba Denki Sangyo Co., Ltd. has reported a positive financial performance for the first quarter ending June 30, 2024, with a 10.5% increase in net sales and notable gains in operating profit and net income, reflecting year-on-year improvements. The company forecasts continued growth for the fiscal year ending March 31, 2025, projecting a 4.8% rise in net sales and a 5% increase in profit attributable to owners. There were no significant changes in consolidation scope, special accounting methods, or restatements affecting the reported results.

For further insights into JP:9934 stock, check out TipRanks’ Stock Analysis page.

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