Tsubakimoto Chain Co. (JP:6371) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tsubakimoto Chain Co. reports a robust financial performance for Q1 of 2024, with net sales up by 7.3% and an impressive 98.1% increase in profit attributable to owners. Total assets and net assets also showed positive growth, and the company plans a 3-for-1 stock split effective October 1, 2024. Despite a comprehensive income decline, the future outlook remains positive with a forecasted increase in net sales and profits for the fiscal year ending March 31, 2025.
For further insights into JP:6371 stock, check out TipRanks’ Stock Analysis page.