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Nagaileben Co., Ltd. Faces Financial Downturn in 2024
Company Announcements

Nagaileben Co., Ltd. Faces Financial Downturn in 2024

Nagaileben Co., Ltd. (JP:7447) has released an update.

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Nagaileben Co., Ltd. reports a decline in their 2024 financial performance, with net sales down by 4.5%, operating profit reduced by 13%, and profit attributable to owners falling by 12.5% compared to the previous year. Despite the downturn, the company maintains a strong capital adequacy ratio of 91.4%. Cash flows from operations saw an increase, while investing and financing activities experienced negative flows compared to the previous year.

For further insights into JP:7447 stock, check out TipRanks’ Stock Analysis page.

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