LeTech Corporation (JP:3497) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
LeTech Corporation reported mixed financial results for Fiscal 2024, with a decrease in net sales by 7.5% but an increase in operating profit and ordinary profit by 9.9% and 35.1%, respectively. Despite the decline in net sales, the company achieved a positive profit of 1,079 million yen, although this was a 7.1% decrease from the previous year. Looking ahead, LeTech forecasts a significant increase in net sales and profits for Fiscal 2025, with a net sales growth of 46.2% and a profit increase of 16.3%.
For further insights into JP:3497 stock, check out TipRanks’ Stock Analysis page.