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Nippon Aqua Co., Ltd. Reports Growth in Sales Despite Profit Decline

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Nippon Aqua Co., Ltd. Reports Growth in Sales Despite Profit Decline

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Nippon Aqua Co., Ltd. ( (JP:1429) ) has shared an announcement.

Nippon Aqua Co., Ltd. reported a 6.8% increase in net sales for the fiscal year ending December 31, 2024, while experiencing a decline in operating and ordinary profit by 10.6% and 10.7%, respectively. Despite this, the company improved its equity ratio and increased dividends, signaling a commitment to shareholder returns. The forecast for the fiscal year ending December 31, 2025, anticipates growth in net sales and profits, suggesting potential recovery and expansion opportunities, positioning the company optimistically within the industry.

More about Nippon Aqua Co., Ltd.

Nippon Aqua Co., Ltd. operates in the construction industry and is listed on the Tokyo Stock Exchange. The company specializes in waterproofing and insulation services, focusing on providing innovative solutions to enhance building efficiency and sustainability.

YTD Price Performance: 3.02%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €157M

See more data about 1429 stock on TipRanks’ Stock Analysis page.

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