Satori Electric Co., Ltd. (JP:7420) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Satori Electric Co., Ltd. reports modest growth in net sales of 1.2%, a significant 25.4% increase in operating profit, and a 27.4% rise in ordinary profit for the fiscal year ended May 31, 2024, despite a slight decline in profit attributable to owners by 4.5%. Total assets and net assets saw a slight increase from the previous year, and the company has announced an increased dividend payout for the year. Looking ahead, the company forecasts further growth in net sales and profit for the next fiscal year.
For further insights into JP:7420 stock, check out TipRanks’ Stock Analysis page.