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Nishi-Nippon Railroad Reports Revenue Growth Despite Profit Decline

Nishi-Nippon Railroad Reports Revenue Growth Despite Profit Decline

Nishi-Nippon Railroad Co., Ltd. (JP:9031) has released an update.

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Nishi-Nippon Railroad Co., Ltd. reported a 5.6% increase in operating revenue to 208.1 billion yen for the six months ending September 30, 2024, although profit attributable to owners declined by 15.6% to 9.3 billion yen. The company forecasts a 26.8% decrease in annual profit for the fiscal year ending March 2025, despite an 8.1% rise in operating revenue.

For further insights into JP:9031 stock, check out TipRanks’ Stock Analysis page.

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