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WORLD HOLDINGS Reports 2024 Financial Results with Net Sales Growth Amid Profit Decline

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WORLD HOLDINGS Reports 2024 Financial Results with Net Sales Growth Amid Profit Decline

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WORLD HOLDINGS CO.,LTD ( (JP:2429) ) has shared an announcement.

WORLD HOLDINGS CO., LTD. announced its consolidated financial results for 2024, reporting a significant increase in net sales by 13.3% to 242,226 million yen. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent by 17.1%, 16.6%, and 19.7% respectively. The company is optimistic about future growth, forecasting a rise in net sales and profits for 2025, with expectations of recovering profitability. The financial results reveal both challenges and opportunities, with strategic efforts needed to enhance operational efficiency and sustain growth.

More about WORLD HOLDINGS CO.,LTD

WORLD HOLDINGS CO., LTD. is a company listed on the Tokyo Stock Exchange, operating within multiple sectors including real estate, manufacturing, and human resources services, with a focus on diversified market activities.

YTD Price Performance: 5.75%

Average Trading Volume: 33,394

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen37.52B

Find detailed analytics on 2429 stock on TipRanks’ Stock Analysis page.

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