Meitec (JP:9744) has released an update.
Elevate Your Investing Strategy:
- 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.
Meitec Group Holdings Inc. reported a solid first quarter for the fiscal year ending March 31, 2025, with a 5.1% increase in net sales and a significant 22.2% rise in profit attributable to owners from the previous year. Amidst this growth, the company also announced a forecast of 132,700 million yen in net sales and a total annual dividend of 188 yen per share, including a commemorative dividend marking the company’s 50th anniversary. The company’s strong performance is reflected in a robust equity ratio of 55.5%, signaling a stable financial position.
For further insights into JP:9744 stock, check out TipRanks’ Stock Analysis page.