Senshu Electric Reports Strong Nine-Month Financials
Company Announcements

Senshu Electric Reports Strong Nine-Month Financials

Senshu Electric Co., Ltd. (JP:9824) has released an update.

Senshu Electric Co., Ltd. has reported a positive financial performance for the nine months ended July 31, 2024, with a 6.8% increase in net sales and a significant 20.7% rise in profits attributable to owners. The company also forecasts a full-year net sales growth of 5.6% and a continued uptrend in profits, expecting an 18.2% increase in profit attributable to owners. Senshu Electric’s solid financial position is further highlighted by a steady equity ratio of 50.7% and a planned increase in annual dividends from 110 yen to 130 yen per share.

For further insights into JP:9824 stock, check out TipRanks’ Stock Analysis page.

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