Meiko Electronics Co., Ltd. (JP:6787) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.