Tama Home Co., Ltd. (JP:1419) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Tama Home Co., Ltd. reports a significant year-on-year decline in their consolidated financial results for the three months ended August 31, 2024, with net sales dropping by 31.0% and profits attributable to owners down completely. Despite a challenging quarter, the company is anticipating a recovery, forecasting a 5.1% increase in profits for the full fiscal year ending May 31, 2025. The company’s financial position also saw a decline in equity ratio from 42.7% to 34.0% over the last quarter.
For further insights into JP:1419 stock, check out TipRanks’ Stock Analysis page.