Kandenko Co. Posts Strong Quarterly Growth
Company Announcements

Kandenko Co. Posts Strong Quarterly Growth

Kandenko Co., Ltd. (JP:1942) has released an update.

Kandenko Co., Ltd. reports a significant increase in its consolidated financial results for the three months ended June 30, 2024, with net sales up by 8.5% and profits attributable to owners by 45.6% compared to the same period last year. The company’s equity ratio has improved to 65.5% as of June 30, 2024, reflecting a stronger financial position. Additionally, they foresee a year-on-year increase in net sales and profits for the six months ending September 30, 2024, while predicting a slight downturn for the full fiscal year.

For further insights into JP:1942 stock, check out TipRanks’ Stock Analysis page.

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