Tenox Corporation (JP:1905) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
TENOX CORPORATION reported a 27.3% increase in net sales for the three months ended June 30, 2024, compared to the same period last year, though operating and ordinary profits showed a downturn with losses reported. Despite the losses, the company forecasts a substantial increase in net sales and profits for the full fiscal year ending March 31, 2025, including a rise in earnings per share to 99.16 yen. The financial position remains strong with a high equity ratio of 62.8%, and the company plans to increase dividend payouts for the fiscal year.
For further insights into JP:1905 stock, check out TipRanks’ Stock Analysis page.