Nippon Sharyo (JP:7102) has released an update.
Elevate Your Investing Strategy:
- 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 Sharyo, LTD. reported a slight increase in net sales but significant drops in operating profit, ordinary profit, and profit attributable to owners of parent in Q1 2024 compared to Q1 2023. Despite the downturn in profitability, the company forecasts an increase in net sales and a decrease in profits for the full year ending March 31, 2025. They have also announced an expected increase in annual dividends per share for the fiscal year 2025.
For further insights into JP:7102 stock, check out TipRanks’ Stock Analysis page.