Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Menicon Co ( (JP:7780) ).
Menicon Co., Ltd. reports a solid financial performance for the nine months ending December 31, 2024, with net sales reaching ¥91,509 million, a 4.7% year-on-year increase. The company shows significant improvements in operating profit and ordinary profit, which rose by 13.8% and 12.8% respectively, reflecting its robust market positioning and effective business strategies. The inclusion of three new subsidiaries and the exclusion of one illustrates its dynamic operational strategy, while a forecasted increase in dividends and profits indicates positive prospects for stakeholders.
More about Menicon Co
Menicon Co., Ltd., listed on the Tokyo and Nagoya stock exchanges, operates in the optical industry, focusing on the production and distribution of contact lenses and related products.
Average Trading Volume: 250
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €647M
See more data about 7780 stock on TipRanks’ Stock Analysis page.
Trending Articles:
- Bank of America Puts New Street-High Price Target on Dollar General (NYSE:DG) Stock
- “Beyond What we Originally Expected”: Booz Allen Stock (NYSE:BAH) Plummets as Near-Decimation of Workforce Planned
- ‘Early Stages of a Recession’: Canada Hits the Skids as iShares S&P / TSX 60 Index ETF Stock (TSE:XIU) Slips
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue