Toda Corporation Reports Robust Nine-Month Financial Results and Revises Full-Year Forecast

The latest announcement is out from Toda Corporation ( (JP:1860) ).

Toda Corporation has reported its consolidated financial results for the nine months ending December 31, 2024, showing a 7.9% increase in net sales and a significant 112.4% increase in profit attributable to owners of the parent. The company has revised its full-year financial forecast, anticipating an 11% increase in net sales and a 14.3% rise in profit attributable to owners of the parent, despite a decrease in ordinary profit. This reflects strategic adjustments, including the inclusion of Coherent Hotel Ltd. in its consolidation scope, and changes in accounting policies.

More about Toda Corporation

Toda Corporation is a company listed on the Tokyo Stock Exchange, operating in the construction industry. It primarily focuses on construction services, including infrastructure and building projects, and is recognized for its contribution to the development of modern structures.

YTD Price Performance: -3.43%

Average Trading Volume: 652,170

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen280.8B

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