Meiko Electronics Posts Strong Q1 Growth, Optimistic Outlook

Meiko Electronics Co., Ltd. (JP:6787) has released an update.

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.

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