Oriental Shiraishi Reports Moderate Growth with Revised Forecast

Oriental Shiraishi Corporation ( (JP:1786) ) has shared an update.

Oriental Shiraishi Corporation reported its consolidated financial results for the nine months ending December 31, 2024. The company experienced moderate growth in net sales and profits compared to the previous year, with a 1.7% increase in net sales and a 6.4% rise in profit attributable to owners. The equity-to-asset ratio improved slightly, indicating a stable financial position. Despite these positive results, the company has revised its forecast for the fiscal year ending March 31, 2025, anticipating a decrease in net sales and profits. This revision may impact stakeholders’ outlook on the company’s future performance.

More about Oriental Shiraishi Corporation

Oriental Shiraishi Corporation operates within the construction industry, focusing primarily on infrastructure development and related services. The company is listed on the Tokyo Stock Exchange, indicating its significant presence in the Japanese market.

Average Trading Volume: 233,357

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen51.8B

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