Toenec Corporation Reports Increased Sales and Profits Amidst Share Split Impact

Toenec Corporation ( (JP:1946) ) has shared an update.

Toenec Corporation reported consolidated financial results for the nine months ending December 31, 2024, showing an increase in net sales by 8.7% and a 13% rise in profits attributable to owners of the parent compared to the previous period. Despite these gains, the company anticipates a slight decrease in operating profit and profit attributable to owners for the full fiscal year ending March 31, 2025, partly due to the impact of a 5-for-1 share split conducted in October 2024.

More about Toenec Corporation

Toenec Corporation is listed on the Tokyo and Nagoya stock exchanges and operates in the industry with a focus on providing various electrical and construction services.

YTD Price Performance: 4.06%

Average Trading Volume: 127,730

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen98.41B

For an in-depth examination of 1946 stock, go to TipRanks’ Stock Analysis page.