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Taoka Chemical Reports Strong Quarterly Growth

Taoka Chemical Reports Strong Quarterly Growth

Taoka Chemical Co., Ltd. (JP:4113) has released an update.

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Taoka Chemical Co., Ltd. has reported a significant year-on-year increase in their financial performance for the first quarter ended June 30, 2024, with sales revenue up by 2.3% and net income attributable to owners of the parent jumping from 28 million yen to 406 million yen. The company’s total assets have also seen a slight increase from March 31, 2024, to June 30, 2024, indicating a stable financial position with an equity-to-asset ratio of 58.6%. No changes to the previously announced dividend forecasts have been made, maintaining an annual forecast of 18.00 yen per share.

For further insights into JP:4113 stock, check out TipRanks’ Stock Analysis page.

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