Weathernews Inc. (JP:4825) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Weathernews Inc. reports a 4.7% increase in net sales and a 9.6% rise in operating profit for the three months ending August 31, 2024, but faced a 34.7% decline in profit attributable to owners. The company also announced a future stock split and a projected increase in annual dividends to 140 yen per share before the split. Looking ahead, Weathernews Inc. forecasts net sales growth of 5.7% and a 10.8% increase in profit attributable to owners for the fiscal year ending May 31, 2025.
For further insights into JP:4825 stock, check out TipRanks’ Stock Analysis page.