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Yuasa Trading Sees Mixed Q1 Results, Optimistic Outlook

Yuasa Trading Sees Mixed Q1 Results, Optimistic Outlook

Yuasa Trading Co., Ltd. (JP:8074) has released an update.

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Yuasa Trading Co., Ltd. reported a modest increase in net sales by 2.7% but a significant decrease in profit attributable to owners of 61.2% in Q1 of 2024 compared to the same period last year. The company’s equity-to-asset ratio improved slightly from March, while they plan a total dividend of 190.00 yen for the fiscal year ending March 31, 2025. Despite the drop in profit for owners, Yuasa Trading forecasts a growth in sales, operating profit, and ordinary profit for the full year.

For further insights into JP:8074 stock, check out TipRanks’ Stock Analysis page.

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