Shibaura Machine Co., Ltd. (JP:6104) has released an update.
Claim 50% 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
Shibaura Machine Co., Ltd., listed on the Tokyo Stock Exchange with the securities code 6104, has reported a notable increase in its consolidated financial results for the three-month period ending June 30, 2024. The company witnessed a 21.9% year-on-year growth in net sales alongside a substantial 50.7% increase in operating profit, while profit attributable to owners rose by 8.5%. Despite these gains, the company’s comprehensive income saw a decrease of 22.9% compared to the same period the previous year.
For further insights into JP:6104 stock, check out TipRanks’ Stock Analysis page.