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Mitsuuroko Reports Increased Sales but Faces Profit Challenges

Story Highlights
  • Mitsuuroko Group Holdings increased net sales by 9.3% for nine months ending December 2024.
  • Company forecasts growth in sales but significant profit declines for fiscal year ending March 2025.
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Mitsuuroko Reports Increased Sales but Faces Profit Challenges

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The latest announcement is out from Mitsuuroko Group Holdings Co., Ltd. ( (JP:8131) ).

Mitsuuroko Group Holdings reported a 9.3% increase in net sales for the nine months ending December 31, 2024, but experienced significant declines in operating profit, ordinary profit, and profit attributable to owners of parent compared to the previous year. The company forecasts modest growth in net sales for the fiscal year ending March 31, 2025, despite expecting a substantial decrease in operating and ordinary profits, indicating challenges in maintaining profitability amid market conditions.

More about Mitsuuroko Group Holdings Co., Ltd.

Mitsuuroko Group Holdings Co., Ltd. operates primarily in the energy sector, focusing on the sale and distribution of petroleum products, liquefied petroleum gas (LPG), and other energy solutions in Japan. The company is listed on the Tokyo Stock Exchange and caters to a wide range of energy needs across the country.

YTD Price Performance: 1.78%

Average Trading Volume: 25,894

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen108B

For an in-depth examination of 8131 stock, go to TipRanks’ Stock Analysis page.

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