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MTI Ltd. Reports Strong Profit Growth and Optimistic Outlook

MTI Ltd. Reports Strong Profit Growth and Optimistic Outlook

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

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MTI Ltd. has reported a significant increase in profit attributable to owners of 353.0% year-on-year, reaching 2,243 million yen for the first three quarters of fiscal year 2024. The company’s total assets and net assets also improved, with a solid equity ratio of 50.3% as of June 30, 2024. Looking ahead, MTI Ltd. forecasts a continued upward trend with an expected full-year net income per share of 43.68 yen.

For further insights into JP:9438 stock, check out TipRanks’ Stock Analysis page.

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