Toenec Corporation (JP:1946) 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
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.