Riken Keiki Co., Ltd. (JP:7734) has released an update.
Riken Keiki Co., Ltd. reported a slight decline in financial performance for the first quarter ended June 30, 2024, with decreases in net sales, operating profit, and net profit attributable to owners compared to the same period last year. Despite the dip in quarterly figures, the company forecasts a growth in net sales and profits for the six months ending September 2024 and the full fiscal year. No changes were made to the dividend forecast, maintaining a steady outlook with the implementation of a 2-for-1 share split taken into account.
For further insights into JP:7734 stock, check out TipRanks’ Stock Analysis page.
