SHIZUOKA GAS CO. LTD. (JP:9543) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
SHIZUOKA GAS CO., LTD. has updated its full-year consolidated business forecast for the fiscal year ending December 31, 2024, with mixed results. While the operating profit is expected to fall by 9.2% due to higher raw material costs influenced by crude oil prices and exchange rates, both ordinary profit and profit attributable to owners of the parent are projected to rise by 13.5% and 15.8%, respectively, helped by favorable exchange rate valuations.
For further insights into JP:9543 stock, check out TipRanks’ Stock Analysis page.