Socionext Inc. (JP:6526) 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
Socionext Inc. reports a decrease in net sales by 14.1% and a slight increase in operating income by 1.5% for the quarter ending June 30, 2024, compared to the same period last year. Profit attributable to owners declined by 4.8%, while the company’s total assets also saw a decrease. The forecast for the fiscal year ending March 31, 2025, predicts a continued downtrend in net sales and profit attributable to owners of parent.
For further insights into JP:6526 stock, check out TipRanks’ Stock Analysis page.