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Meitec Reports Strong Q1 Growth, Plans Commemorative Dividend

Meitec Reports Strong Q1 Growth, Plans Commemorative Dividend

Meitec (JP:9744) has released an update.

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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.

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