Daiho Corporation ( (JP:1822) ) has shared an announcement.
Daiho Corporation reported a decline in net sales for the nine months ending December 31, 2024, down by 10.8% year-on-year, yet showed substantial growth in ordinary profit, which increased by 466.7%. Despite the sales drop, the company’s improved profitability indicates a positive trend in operational efficiencies. The company has maintained its equity ratio and plans to distribute a dividend of 114 yen per share by the end of the fiscal year, suggesting confidence in its financial stability and future cash flows.
More about Daiho Corporation
Daiho Corporation is listed on the Tokyo Stock Exchange and operates in the construction and engineering industry. The company specializes in providing comprehensive construction services and solutions, aiming to strengthen its market presence and improve its operational efficiencies.
YTD Price Performance: 6.30%
Average Trading Volume: 15,779
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen59.06B
See more insights into 1822 stock on TipRanks’ Stock Analysis page.