tiprankstipranks
Asahi Intecc Co. Reports Strong Financial Growth
Company Announcements

Asahi Intecc Co. Reports Strong Financial Growth

Asahi Intecc Co (JP:7747) has released an update.

Don't Miss our Black Friday Offers:

Asahi Intecc Co. reports a robust financial performance for the fiscal year ended June 30, 2024, with a 19.4% increase in net sales and a 20.6% rise in profit attributable to owners of the parent company. The company’s solid financial position is reflected in a 78.9% equity-to-asset ratio and a significant improvement in comprehensive income by 40.5% year-on-year. Looking ahead, Asahi Intecc forecasts continued growth with an 8.5% increase in net sales and an 18.9% rise in profit for the upcoming fiscal year.

For further insights into JP:7747 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskAsahi Intecc Reports Strong Quarterly Growth in Medical Division
TipRanks Japan Auto-Generated NewsdeskAsahi Intecc Sees Revenue Boost Amid Yen Depreciation
TipRanks Japan Auto-Generated NewsdeskAsahi Intecc Expands in China with New Subsidiary
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App