tiprankstipranks
Company Announcements

King Jim Co., Ltd. Reports Increased Sales but Faces Profitability Challenges

Story Highlights
King Jim Co., Ltd. Reports Increased Sales but Faces Profitability Challenges

King Jim Co., Ltd. ( (JP:7962) ) has shared an announcement.

King Jim Co., Ltd. reported a 3.5% increase in net sales for the six months ended December 20, 2024, compared to the same period in the previous year. Despite this increase, the company experienced a net loss attributable to owners of the parent, highlighting ongoing challenges in achieving profitability. The company’s financial forecast for the fiscal year ending June 20, 2025, anticipates a modest growth in net sales and a significant improvement in profit attributable to owners of the parent, suggesting potential recovery and positive outlook for stakeholders.

More about King Jim Co., Ltd.

King Jim Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the production and sale of office supplies and related products.

YTD Price Performance: -1.87%

Average Trading Volume: 16,360

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen23.89B

For detailed information about 7962 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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