Nisshin Group Holdings Co., Ltd. (JP:8881) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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.