tiprankstipranks
Trending News
More News >

Nisshin Group Holdings Sees Financial Turnaround in 2024

Nisshin Group Holdings Sees Financial Turnaround in 2024

Nisshin Group Holdings Co., Ltd. (JP:8881) has released an update.

Confident Investing Starts Here:

Nisshin Group Holdings reported a notable turnaround in their financial performance for the first half of 2024, with net sales increasing by 6.9% compared to the previous year and a return to profitability, posting a net profit of 154 million yen. This improvement marks a significant recovery from the losses experienced in the same period last year. The company maintains a stable financial position with a slight decrease in equity ratio.

For further insights into JP:8881 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1