Sotetsu Holdings Shows Strong Quarterly Growth
Company Announcements

Sotetsu Holdings Shows Strong Quarterly Growth

Sotetsu Holdings, Inc. (JP:9003) has released an update.

Sotetsu Holdings, Inc. reports a robust financial performance with significant year-on-year growth for the quarter ending June 30, 2024, with operating revenue up by 31.3% and profits attributable to owners increasing by 106.5%. The company’s financial stability is further underscored by an improved equity ratio of 24.0%, up from 23.0% at the end of the previous fiscal quarter. Additionally, Sotetsu Holdings forecasts continued growth for the fiscal year, expecting higher operating revenue and earnings per share.

For further insights into JP:9003 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App