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Kobe Electric Railway Co., Ltd. ( (JP:9046) ) has shared an announcement.
Kobe Electric Railway Co., Ltd. reported its consolidated financial results for the nine months ending December 31, 2024, indicating a slight increase in operating revenue by 0.5% year-on-year to 16,569 million yen. Despite this modest revenue growth, the company achieved notable increases in operating profit and ordinary profit by 12.1% and 16.9%, respectively, suggesting improved operational efficiency. The company anticipates a slight decline in full-year operating revenue but projects an increase in the year-end dividend, reflecting a positive outlook for shareholder returns.
More about Kobe Electric Railway Co., Ltd.
Kobe Electric Railway Co., Ltd., listed on the Tokyo Stock Exchange, operates in the railway industry providing electric railway services. The company is focused on maintaining and enhancing its transportation services in the Kobe region.
YTD Price Performance: 4.67%
Average Trading Volume: 14,764
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen19.64B
For detailed information about 9046 stock, go to TipRanks’ Stock Analysis page.