Toyo Construction Reports Decline in Nine-Month Financial Results

Toyo Construction Co., Ltd. ( (JP:1890) ) has provided an announcement.

Toyo Construction Co., Ltd. reported a decline in its financial performance for the nine months ending December 31, 2024, with net sales down by 15.1% and a decrease in operating profit by 24.5% compared to the previous year. Despite the downturn, the company maintains its financial forecast for the full year ending March 31, 2025, indicating a slight year-on-year decline in net sales and a modest increase in operating profit and ordinary profit. Stakeholders might need to consider these financial results and forecasts in their decision-making, as they reflect the company’s ongoing challenges in the competitive construction industry.

More about Toyo Construction Co., Ltd.

Toyo Construction Co., Ltd., listed on the Tokyo Stock Exchange under the stock code 1890, is a company operating in the construction industry. It specializes in various construction services and solutions, focusing on the domestic Japanese market.

YTD Price Performance: 2.80%

Average Trading Volume: 240,501

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen129.9B

See more data about 1890 stock on TipRanks’ Stock Analysis page.