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TESS Holdings Reports Mixed Financial Results for 2024

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TESS Holdings Reports Mixed Financial Results for 2024

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TESS Holdings Co., Ltd. ( (JP:5074) ) has provided an update.

TESS Holdings Co., Ltd. reported its consolidated financial results for the six months ending December 31, 2024, showing a significant increase in net sales by 19.5% to ¥18,013 million and a rise in operating profit by 36.5% to ¥2,409 million compared to the previous year. Despite these positive results, the company faced a substantial decline in ordinary profit by 83.5% and a 31% drop in profit attributable to owners of the parent, reflecting challenges in maintaining profitability amidst growing revenues.

More about TESS Holdings Co., Ltd.

TESS Holdings Co., Ltd. operates in the industry sector with a focus on various holdings and management services, listed on the Tokyo Stock Exchange.

YTD Price Performance: 3.60%

Average Trading Volume: 481,250

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen20.28B

See more insights into 5074 stock on TipRanks’ Stock Analysis page.

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