TORQ, Inc. (JP:8077) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
TORQ Inc., listed on the Tokyo Stock Exchange, has released its consolidated financial results for the nine months ended July 31, 2024, reporting a slight increase in net sales by 2.3%, but a decrease in both ordinary profit and profit attributable to owners by 15.4% and 13.5% respectively. The company’s capital adequacy ratio improved to 39.0%, up from 37.7% as of October 31, 2023. Despite these mixed results, TORQ Inc. maintains a consistent dividend payout, forecasting an annual total of 6.00 yen per share for the fiscal year ending October 31, 2024.
For further insights into JP:8077 stock, check out TipRanks’ Stock Analysis page.