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SHIZUOKA GAS Reports Downturn, Ups Dividend Forecast

SHIZUOKA GAS Reports Downturn, Ups Dividend Forecast

SHIZUOKA GAS CO. LTD. (JP:9543) has released an update.

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SHIZUOKA GAS CO., LTD. reports a decline in its financial performance for the first half of 2024, with net sales, operating profit, and ordinary profit dropping by 16.5%, 44.9%, and 35.6% respectively, compared to the previous year. Profit attributable to owners decreased by 38.4%, and the equity ratio saw a slight increase to 70.7%. Despite the downturn, the company has revised its dividend forecast upwards, predicting a total annual dividend of 40.00 yen per share for FY 2024.

For further insights into JP:9543 stock, check out TipRanks’ Stock Analysis page.

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