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An announcement from Mugen Estate Co., Ltd. ( (JP:3299) ) is now available.
Mugen Estate Co., Ltd. has revised its earnings and dividend forecasts for the fiscal year ending December 2024, driven by better-than-expected performance in its real estate purchase and resale business. The revision includes an increase in net sales, operating income, and profits due to strong demand and higher profit margins in both residential and investment-type properties. Consequently, the company has also raised its year-end dividend forecast, reflecting its commitment to returning profits to shareholders while maintaining financial stability and growth.
More about Mugen Estate Co., Ltd.
Mugen Estate Co., Ltd. operates in the real estate industry, focusing on the purchase and resale of residential and investment-type properties. The company is known for its strong market presence in investment-type and high-priced residential properties, contributing to its robust financial performance.
YTD Price Performance: -5.83%
Average Trading Volume: 170,874
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen41.15B
See more data about 3299 stock on TipRanks’ Stock Analysis page.
