Kandenko Co., Ltd. (JP:1942) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
