Teikoku Tsushin Kogyo Co., Ltd. (JP:6763) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Teikoku Tsushin Kogyo Co., Ltd. reported a dip in net sales by 1.7% but saw significant growth in profit attributable to owners of 37.7% in the first quarter ended June 30, 2024, compared to the same period last year. The company’s forecast for the full fiscal year ending March 2025 predicts an increase in net sales by 8.4% and a substantial rise in operating profit by 47.8%. Despite a decrease in the total number of issued shares, the basic earnings per share also showed a positive trend.
For further insights into JP:6763 stock, check out TipRanks’ Stock Analysis page.