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MITSUI-SOKO Reports Increased Revenue but Declining Profits

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MITSUI-SOKO Reports Increased Revenue but Declining Profits

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An update from MITSUI-SOKO HOLDINGS Co., Ltd. ( (JP:9302) ) is now available.

MITSUI-SOKO HOLDINGS reported a 7.4% increase in operating revenue for the nine months ending December 31, 2024, compared to the previous year. Despite this increase, the company experienced declines in operating, ordinary, and attributable profit by 11.7%, 13.4%, and 10.2%, respectively. The financial results suggest challenges in maintaining profit margins despite growing revenues, indicating potential strategic adjustments for future profitability. The company’s equity ratio slightly decreased from 41.7% to 41.4%, and the forecast for the fiscal year ending March 31, 2025, maintains a revenue growth expectation but anticipates further declines in profit figures, reflecting ongoing operational adjustments.

More about MITSUI-SOKO HOLDINGS Co., Ltd.

MITSUI-SOKO HOLDINGS Co., Ltd. is listed on the Tokyo Stock Exchange, operating primarily in the logistics industry. The company offers integrated logistics services and solutions, focusing on enhancing supply chain efficiency for its clients globally.

YTD Price Performance: 2.56%

Average Trading Volume: 67,254

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen189.8B

For detailed information about 9302 stock, go to TipRanks’ Stock Analysis page.

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