Torishima Pump Mfg.Co., Ltd. (JP:6363) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Torishima Pump Mfg. Co., Ltd. reported mixed first quarter financial results for the period ended June 30, 2024, with a slight increase in net sales but a notable decrease in net income attributable to owners of parent by 21.3%. The company’s overall financial position remains stable with a marginal increase in total assets and net assets compared to the previous quarter. They also provided a steady forecast for the fiscal year ending March 31, 2025, expecting a 6% increase in net sales and have kept their dividend forecast unchanged.
For further insights into JP:6363 stock, check out TipRanks’ Stock Analysis page.