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Alinco Reports Mixed Financial Results with Positive Sales Growth

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Alinco Reports Mixed Financial Results with Positive Sales Growth

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Alinco Incorporated ( (JP:5933) ) has issued an update.

Alinco Incorporated reported its consolidated financial results for the nine months ending December 20, 2024, showing an increase in net sales by 5.6% to 47,197 million yen, despite a decrease in ordinary profit by 5.5% and profit attributable to owners of the parent by 7.4%. The company forecasts a full-year increase in both net sales and operating profit, reflecting a positive outlook and stability in its financial position with improved net assets.

More about Alinco Incorporated

Alinco Incorporated operates in the manufacturing industry and is listed on the Tokyo Stock Exchange. The company specializes in producing construction equipment, scaffolding, and related materials, focusing on serving the construction and industrial sectors.

YTD Price Performance: -1.41%

Average Trading Volume: 23,286

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen20.29B

See more data about 5933 stock on TipRanks’ Stock Analysis page.

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