Meiko Electronics Co., Ltd. (JP:6787) 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.
Meiko Electronics Co., Ltd. reports robust financial growth for Q1 of 2024, with net sales up by 13%, operating profit surging 260%, and profit attributable to owners increasing by 35% year-on-year. The company’s total assets and net assets have also seen an uptick from the previous year, solidifying its financial position. Additionally, Meiko anticipates continued growth with an 8.7% increase in net sales and a 10.5% rise in profit attributable to owners for the fiscal year ending March 31, 2025.
For further insights into JP:6787 stock, check out TipRanks’ Stock Analysis page.