Moriroku Holdings Reports Remarkable Quarterly Growth
Company Announcements

Moriroku Holdings Reports Remarkable Quarterly Growth

Moriroku Holdings Co., Ltd. (JP:4249) has released an update.

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App