Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Morio Denki Co., Ltd. ( (JP:6647) ) has provided an update.
Morio Denki Co., Ltd. has reported its quarterly operating results for December 2024, showing a notable increase in net sales and profits compared to the previous year. The company achieved a 15.9% rise in net sales, reaching 6,262 million yen, and a 26.4% increase in profit attributable to owners of the parent, amounting to 160 million yen. Despite a slight decline in total assets, the company maintains a strong capital adequacy ratio, indicating robust financial health.
More about Morio Denki Co., Ltd.
Morio Denki Co., Ltd. operates within the general business category and is listed on the Tokyo and Nagoya stock exchanges, providing a range of electrical products and services. The company focuses on leveraging its market presence in Japan, aiming at maintaining and enhancing its financial stability and growth.
YTD Price Performance: 1.62%
Average Trading Volume: 579
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen2.16B
Find detailed analytics on 6647 stock on TipRanks’ Stock Analysis page.