Nippon Densetsu Kogyo Co., Ltd. (JP:1950) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Nippon Densetsu Kogyo Co., Ltd. reports a 15.5% year-on-year increase in net sales for the three months ended June 30, 2024, alongside negative figures for operating profit, ordinary profit, and profit attributable to owners of the parent. Total assets have decreased since March 31, 2024, but the capital adequacy ratio has improved to 71.1%. The company forecasts a 5.7% increase in net sales and a 4.6% increase in profit attributable to owners for the full fiscal year ending March 31, 2025.
For further insights into JP:1950 stock, check out TipRanks’ Stock Analysis page.