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Tokyo Energy Reports Mixed Quarterly Results

Tokyo Energy Reports Mixed Quarterly Results

Tokyo Energy & Systems Inc. (JP:1945) has released an update.

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Tokyo Energy & Systems Inc. reported a decrease in net sales and ordinary profit, but a significant increase in profit attributable to owners of parent for the first quarter ended June 30, 2024. Despite a challenging quarter, the company forecasts a modest increase in profits for the full fiscal year ending March 31, 2025. No changes have been made to the most recently announced financial forecasts or dividend payment plans.

For further insights into JP:1945 stock, check out TipRanks’ Stock Analysis page.

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