Toenec Corporation (JP:1946) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Toenec Corporation reported a slight increase in net sales by 3.4% for the three months ended June 30, 2024, compared to the same period last year, but saw decreases in operating and ordinary profits. The company’s profit attributable to owners of parent, however, grew by 11.5%. Additionally, a forecast for the fiscal year ending March 31, 2025, predicts a rise in net sales with a dip in profits and a planned share split to celebrate the company’s 80th anniversary.
For further insights into JP:1946 stock, check out TipRanks’ Stock Analysis page.