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Sohgo Security Services Reports Q3 2024 Financial Results

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Sohgo Security Services Reports Q3 2024 Financial Results

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The latest announcement is out from Sohgo Security Services Co., Ltd. ( (JP:2331) ).

Sohgo Security Services Co., Ltd. reported its consolidated financial results for the third quarter ending December 31, 2024, with a notable increase in net sales by 5.7% compared to the previous year. However, operating and ordinary income saw slight declines, and net income attributable to owners decreased by 5.0%. The company’s equity ratio also slightly reduced, indicating a shift in financial structure. With a forecasted increase in dividends per share and the addition of new subsidiaries, these changes may impact their market position and shareholder returns.

More about Sohgo Security Services Co., Ltd.

Sohgo Security Services Co., Ltd., also known under its brand name ALSOK, operates in the security industry, providing comprehensive security services. Their offerings include security systems, guard services, and emergency response solutions, focusing primarily on the Japanese market.

YTD Price Performance: -3.56%

Average Trading Volume: 949,427

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen531.3B

For a thorough assessment of 2331 stock, go to TipRanks’ Stock Analysis page.

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