MTI Ltd. Reports First Quarter Financial Results with Increased Sales

MTI Ltd. ( (JP:9438) ) has shared an update.

MTI Ltd. reported its consolidated financial results for the first quarter ending December 31, 2024, showcasing a 9.8% increase in net sales year-on-year to 7,271 million yen. While operating income rose significantly by 65%, profits attributable to owners of the parent decreased by 6.6%. The company has maintained a stable financial position with an equity ratio of 54% as of December 31, 2024. Despite challenges in ordinary income and profits, MTI Ltd. remains optimistic about its growth prospects for the fiscal year ending September 30, 2025, forecasting steady net sales and operating income growth.

More about MTI Ltd.

MTI Ltd. is a company listed on the Tokyo Stock Exchange, operating primarily within the technology industry. The company focuses on delivering digital content and services, catering to a diverse range of consumer needs within the Japanese market.

YTD Price Performance: -6.59%

Average Trading Volume: 58,085

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen57.65B

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