Marumae Co., Ltd. (JP:6264) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
Marumae Co., Ltd. has updated its financial forecasts for the fiscal year ending August 31, 2024, showing a slight increase in net sales and significant improvements in profitability indicators such as operating and ordinary profit. Despite not receiving expected orders for solar cell production equipment, increased orders in the semiconductor and FPD sectors have led to better-than-anticipated results. The company cautiously notes that these forecasts may be affected by various factors such as the recent Typhoon No. 9.
For further insights into JP:6264 stock, check out TipRanks’ Stock Analysis page.