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Tokushu Tokai Paper Reports Strong Quarterly Growth

Tokushu Tokai Paper Reports Strong Quarterly Growth

Tokushu Tokai Paper Co., Ltd. (JP:3708) has released an update.

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Tokushu Tokai Paper Co., Ltd. has reported a substantial increase in its financial performance for the three months ended June 30, 2024, with operating income soaring by 350% and profit attributable to owners increasing by 12.2% compared to the same period last year. The company’s total assets also saw a rise, and despite no changes in dividend forecasts, it plans an annual payout of 120 yen per share for the fiscal year ending March 31, 2025. Significant corporate changes included the consolidation of New Takafuji Holdings and Takafuji Co., Ltd.

For further insights into JP:3708 stock, check out TipRanks’ Stock Analysis page.

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