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An announcement from Modec ( (JP:6269) ) is now available.
Modec, Inc. reported its financial results for the first quarter of 2025, showing a 6.1% increase in revenue compared to the same period last year. However, the company experienced declines in operating profit, profit before tax, and profit attributable to owners, indicating challenges in maintaining profitability despite revenue growth. The company’s total assets decreased slightly, but the equity ratio improved, suggesting a stronger financial position. Modec also announced a forecasted increase in annual dividends for 2025, reflecting confidence in future earnings despite current profit pressures.
The most recent analyst rating on (JP:6269) stock is a Buy with a Yen4800.00 price target. To see the full list of analyst forecasts on Modec stock, see the JP:6269 Stock Forecast page.
More about Modec
Modec, Inc. operates in the oil and gas industry, focusing on the engineering, procurement, construction, and installation of floating production systems. The company is listed on the Tokyo Stock Exchange and is known for its expertise in offshore oil and gas production solutions.
Average Trading Volume: 579,636
Technical Sentiment Signal: Buy
Current Market Cap: Yen291.3B
For an in-depth examination of 6269 stock, go to TipRanks’ Stock Analysis page.