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DENSO Projects Robust Growth and Profitability
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DENSO Projects Robust Growth and Profitability

DENSO (JP:6902) has released an update.

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DENSO CORPORATION reports a steady increase in their Q1 revenue for 2024, reaching 1,753,841 million yen, a 2.4% rise from the previous year, with a notable 27.7% jump in operating profit. Equity attributable to owners stands at 5,478,152 million yen, marking a healthy 61.6% ratio to total assets. Looking ahead, DENSO forecasts a significant uptick in profits for the fiscal year ending March 2025, with anticipated growth in operating profit and profit for the year by 81.8% and 62.6%, respectively.

For further insights into JP:6902 stock, check out TipRanks’ Stock Analysis page.

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