tiprankstipranks
AIT CORPORATION’s Mixed Financial Results
Company Announcements

AIT CORPORATION’s Mixed Financial Results

AIT Corporation (JP:9381) has released an update.

AIT CORPORATION reported a slight decrease in operating revenues and profits in its May 2024 quarterly results compared to the previous year, with operating revenues falling by 2.6% and operating profit by 0.7%. However, they did see an increase in ordinary profit by 1.8% and an impressive 14.9% rise in comprehensive income. The company’s total assets grew to 24,382 million yen, while the capital adequacy ratio experienced a slight dip from 73.4% to 71.9%.

For further insights into JP:9381 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!