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Tokyo Radiator Reports Solid Quarterly Growth

Tokyo Radiator Reports Solid Quarterly Growth

Tokyo Radiator Manufacturing Co., Ltd. (JP:7235) has released an update.

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Tokyo Radiator Manufacturing Co., Ltd. has reported a significant improvement in its consolidated financial results for the three months ending June 30, 2024, with a notable 100.6% increase in profit attributable to owners of the parent and a 5.9% rise in net sales compared to the same period the previous year. The forecast for the full fiscal year ending March 31, 2025, suggests a slight decrease in net profits but the company plans to increase its annual dividend payout to 26 yen per share. These results reflect the company’s solid financial position, which has seen a steady equity ratio and consistent share count.

For further insights into JP:7235 stock, check out TipRanks’ Stock Analysis page.

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