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Premium Water Posts Strong Profit Growth Amid Sales Dip

Premium Water Posts Strong Profit Growth Amid Sales Dip

Premium Water Holdings, Inc. (JP:2588) has released an update.

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Premium Water Holdings, Inc. reported a significant increase in operating profit and profit before tax, rising over 100% from the previous year, despite a 6.3% drop in sales. The company’s total assets increased slightly from March to June 2024, and they announced a second-quarter dividend forecast of 45 yen per share after not issuing a dividend in the first quarter. Total equity remained relatively stable, with a minor decrease in the equity to total assets ratio.

For further insights into JP:2588 stock, check out TipRanks’ Stock Analysis page.

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