Shofu Inc. (JP:7979) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Shofu Inc. has reported a robust start to the fiscal year with a 14.4% increase in net sales and a significant 63.2% rise in net income attributable to owners for the first quarter ending June 30, 2024, compared to the previous year. The company’s consolidated financial forecast has been revised upwards, reflecting a positive outlook with expectations for continued growth in net sales and operating income. Amidst this financial growth, Shofu Inc. also announced a two-for-one stock split scheduled for October 1, 2024.
For further insights into JP:7979 stock, check out TipRanks’ Stock Analysis page.