tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Oriental Shiraishi Reports Moderate Growth with Revised Forecast

Story Highlights
Oriental Shiraishi Reports Moderate Growth with Revised Forecast

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

For detailed information about 1786 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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