Sumitomo Rubber Industries (JP:5110) 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.
Sumitomo Rubber Industries reported a significant increase in their six-month financial performance ending June 30, 2024, with sales revenue up by 4.6% and a striking 372.5% rise in profit attributable to owners of the parent. Shareholders saw a substantial boost in basic profit per share from the previous year, jumping to 147.25 yen. The company’s financial position strengthened with total equity attributable to owners of the parent increasing to 697,414 million yen, marking a 51.4% equity ratio.
For further insights into JP:5110 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money