Meitec (JP:9744) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Meitec Group Holdings Inc. reported a robust first quarter for the fiscal year ending March 31, 2025, with a 5.1% increase in consolidated net sales and significant growth in operating and net profits by 12.5% and 22.2% respectively. The Engineering Solutions Business saw stable orders due to continued client investment in technology, while the firm experienced a rise in the number of engineers and improved utilization rates. Conversely, the Recruiting & Placement Business for Engineers faced a decline in job placements, although it still managed a slight increase in operating profit.
For further insights into JP:9744 stock, check out TipRanks’ Stock Analysis page.