tiprankstipranks
Sangetsu Corporation Reports Record Sales Amid Rising Costs
Company Announcements

Sangetsu Corporation Reports Record Sales Amid Rising Costs

Sangetsu Corporation (JP:8130) has released an update.

Don't Miss our Black Friday Offers:

Sangetsu Corporation achieved a record high in net sales for FY2024 Q2, driven by strong performance in both domestic and international markets. However, rising costs in the Domestic Interior Segment led to a profit decrease year on year. Despite increased sales, challenges such as higher procurement and logistics costs impacted overall profitability.

For further insights into JP:8130 stock, check out TipRanks’ Stock Analysis page.

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