tiprankstipranks

Mimaki Engineering Reports Robust Q1 Growth

Mimaki Engineering Reports Robust Q1 Growth

Mimaki Engineering Co., Ltd. (JP:6638) has released an update.

Confident Investing Starts Here:

Mimaki Engineering Co., Ltd. has reported a significant year-on-year growth in its consolidated financial results for the first quarter ending June 30, 2024, with net sales increasing by 20% and profits attributable to owners jumping by an impressive 481.2%. The company’s financial position has strengthened, with total assets and net assets both showing an increase, and an improved equity-to-asset ratio of 38.1%. Despite not holding a financial results meeting, Mimaki Engineering has prepared supplementary material and maintains a positive outlook with no revisions to its forecasted consolidated financial results for the fiscal year.

For further insights into JP:6638 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1