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Nippon Gas Co. Shows Resilience Amid Profit Declines

Nippon Gas Co. Shows Resilience Amid Profit Declines

NIPPON GAS Co (JP:8174) has released an update.

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Nippon Gas Co., Ltd. reported a slight increase in net sales to ¥86,049 million for the first half of 2024, yet faced significant declines in operating and ordinary income by nearly 50% compared to the previous year. Despite these challenges, the company maintains its dividend forecast and anticipates a 29.3% rise in profit attributable to owners by the fiscal year-end in March 2025.

For further insights into JP:8174 stock, check out TipRanks’ Stock Analysis page.

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