Nabtesco (JP:6268) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Nabtesco Corporation reported a decline in financial performance for the first half of FY2024, with net sales, operating income, and net income attributable to owners decreasing by 6.4%, 26.0%, and 55.5%, respectively, compared to the same period last year. Despite the downturn, the company maintained a steady dividend of 40 yen for the second quarter and projects a full-year net sales decrease of 3.0% and a 36.1% drop in net income attributable to owners. The company’s total equity as of June 30, 2024, has increased slightly since the end of the previous year.
For further insights into JP:6268 stock, check out TipRanks’ Stock Analysis page.