Moriroku Holdings Co., Ltd. (JP:4249) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Moriroku Holdings Co., Ltd. has reported a significant increase in financial performance for the three months ending June 30, 2024, with operating profit surging by 713.9% and profit attributable to owners increasing by 274% compared to the same period last year. Their total assets also grew modestly, and the company forecasts continued growth with a projected total yearly net sales of 150,000 million yen. Despite this, they expect a decrease in operating profit and ordinary profit for the full year.
For further insights into JP:4249 stock, check out TipRanks’ Stock Analysis page.