Nippon Densetsu Kogyo Co., Ltd. (JP:1950) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.