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Satori Electric Announces Steady Quarterly Growth
Company Announcements

Satori Electric Announces Steady Quarterly Growth

Satori Electric Co., Ltd. (JP:7420) has released an update.

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Satori Electric Co., Ltd. reported an 8.4% increase in net sales and a slight 1.2% rise in profits attributable to owners for the quarter ending August 31, 2024, despite a small drop in operating profit. The company’s equity ratio decreased slightly from 40.1% to 39.4%, and they forecast a full-year net sales growth of 4.0% with a 15.9% increase in profit for owners of the parent. No changes in dividend forecasts were announced.

For further insights into JP:7420 stock, check out TipRanks’ Stock Analysis page.

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