SINANEN HOLDINGS CO.LTD. (JP:8132) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Sinanen Holdings Co., Ltd. reported a downturn in net sales by 11% to 63,552 million yen for the three months ended June 30, 2024, but showed a positive shift with a profit attributable to owners of 338 million yen, contrasting the previous year’s loss of 361 million yen. The company’s financial position also strengthened with an equity ratio of 60.8% as of June 30, 2024, up from 49.1% on March 31, 2024. Looking ahead, the company forecasts a slight decrease in full-year net sales, with a profit per share of 165.49 yen.
For further insights into JP:8132 stock, check out TipRanks’ Stock Analysis page.