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Keio Corporation Reports Strong Financial Growth Through 2024

Story Highlights

An announcement from Keio ( (JP:9008) ) is now available.

Keio Corporation reported significant financial growth for the nine months ending December 31, 2024, with operating revenues rising by 13.9% year-on-year to ¥334,874 million. This improvement is reflected in a substantial increase in profit attributable to owners of the parent, which grew by 54.5% to ¥39,177 million. The company also saw an enhancement in its financial position, with net assets increasing to ¥419,008 million and a capital adequacy ratio of 38.0%. These results underscore Keio’s robust performance and strategic positioning, potentially enhancing stakeholder confidence and supporting future dividend payouts.

More about Keio

Keio Corporation is a company listed on the Tokyo Stock Exchange, primarily operating in the transportation sector. It is known for its railway services and related businesses, serving as a key player in Japan’s public transportation market.

YTD Price Performance: -1.00%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.05B

Find detailed analytics on 9008 stock on TipRanks’ Stock Analysis page.

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