Tokuden Co., Ltd. (JP:3437) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tokuden Co., Ltd. has reported a slight increase in net sales but a significant decline in profits in its latest quarterly financial results. The company’s operating profit fell by 25.4%, and profit attributable to owners of the parent dropped by 34.3% compared to the same period last year. Despite a challenging quarter, the company maintained a strong capital adequacy ratio of 61.8% and announced a second-quarter dividend of 44.00 yen per share.
For further insights into JP:3437 stock, check out TipRanks’ Stock Analysis page.