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Shikoku Bank Reports Strong Profit Growth Amid Asset Decline

Shikoku Bank Reports Strong Profit Growth Amid Asset Decline

Shikoku Bank Ltd. (JP:8387) has released an update.

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Shikoku Bank Ltd. reported a decline in total assets to ¥3,379,463 million for the six months ended September 2024, while ordinary profit surged by 33% year-on-year to ¥6,215 million. Despite a slight drop in net assets, the bank’s earnings per share increased to ¥102.85, reflecting a stable performance in a challenging market. The bank also revised its dividend forecast, indicating a promising outlook for shareholders.

For further insights into JP:8387 stock, check out TipRanks’ Stock Analysis page.

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