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Totech Corporation ( (JP:9960) ) has shared an announcement.
Totech Corporation reported a strong performance for the nine months ending December 31, 2024, with significant growth in net sales and profits compared to the previous period. The company’s net sales grew by 9.2%, while operating profit surged by 52.1%, and ordinary profit increased by 50.0%. Additionally, Totech’s profit attributable to owners of the parent rose by 56.1%. The financial position also improved, with total assets reaching ¥102,903 million and net assets standing at ¥59,068 million. The company conducted a 3-for-1 stock split in April 2024, impacting earnings per share calculations. Totech revised its financial forecast for the fiscal year ending March 31, 2025, indicating expectations of continued growth with a projected net sales increase of 10.1% and a profit attributable to owners of the parent rising by 35.6%.
More about Totech Corporation
Totech Corporation is a company listed on the Tokyo Stock Exchange, known for its involvement in the electronics industry. The company primarily focuses on producing and supplying advanced electronic components and systems, serving a wide array of markets with a particular emphasis on innovation and technology.
YTD Price Performance: -5.03%
Average Trading Volume: 229,450
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen104.6B
Learn more about 9960 stock on TipRanks’ Stock Analysis page.