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Ohashi Technica Reports Growth and Positive Outlook

Ohashi Technica Reports Growth and Positive Outlook

Ohashi Technica Inc. (JP:7628) has released an update.

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OHASHI TECHNICA INC. reported a 7.4% increase in net sales and a significant 190.4% increase in comprehensive income for the first quarter ending June 30, 2024, compared to the same quarter the previous year. Despite a decrease in operating profit, the company shows a positive forecast for the full year with net sales expected to rise by 4.6% and profits attributable to owners by 78.8%. The company’s equity ratio remains strong at 79.7%, indicating a stable financial position.

For further insights into JP:7628 stock, check out TipRanks’ Stock Analysis page.

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