tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kyokuto Securities Reports Strong Earnings Growth Amidst Declining Comprehensive Income

Story Highlights
Kyokuto Securities Reports Strong Earnings Growth Amidst Declining Comprehensive Income

Claim 50% Off TipRanks Premium

Kyokuto Securities Co ( (JP:8706) ) has provided an update.

Kyokuto Securities Co., Ltd. reported significant improvements in its financial performance for the nine months ending December 31, 2024, with operating revenue increasing by 21.3% and profit attributable to owners rising by 57.2% year-on-year. Despite the strong earnings growth, the company’s comprehensive income decreased by 58.6%, reflecting potential underlying challenges. The equity-to-asset ratio improved to 65.0%, indicating a solid financial position, and the company declared higher cash dividends compared to the previous year, reflecting confidence in its financial stability.

More about Kyokuto Securities Co

Kyokuto Securities Co., Ltd. is a financial services company listed on the Tokyo Stock Exchange, focusing on securities trading and investment services.

For detailed information about 8706 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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