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Sakai Moving Service Faces Mixed Q1 Results

Sakai Moving Service Faces Mixed Q1 Results

Sakai Moving Service Co., Ltd. (JP:9039) has released an update.

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Sakai Moving Service Co., Ltd. reports a slight increase in net sales by 3.6% but a decrease in operating, ordinary, and net profits for the first quarter of 2024 compared to the previous year. Despite a lower year-on-year profit, the company maintains a robust equity-to-asset ratio of 79.4%. The forecast for the fiscal year ending March 31, 2025, indicates modest growth in sales and a small improvement in profits.

For further insights into JP:9039 stock, check out TipRanks’ Stock Analysis page.

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