SAMCO, Inc. (JP:6387) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SAMCO, Inc. reports growth in its non-consolidated financial results for the year ended July 31, 2024, with net sales up by 4.8% and operating profit increasing by 8.5%. The company’s financial position strengthened, with total assets and net assets showing an upward trend, and the equity ratio reaching 76.3%. Despite a challenging economic environment, SAMCO forecasts further increases in net sales and profits for the following fiscal year.
For further insights into JP:6387 stock, check out TipRanks’ Stock Analysis page.