HIMACS Reports Profit Growth, Forecasts Stronger Year

HIMACS, Ltd. (JP:4299) has released an update.

HIMACS, Ltd. reported a slight decrease in net sales but a growth in operating profit, ordinary profit, and profit attributable to owners by approximately 5.7% for the quarter ending June 30, 2024, compared to the same period last year. The company’s financial position remains robust with an equity ratio of 81.8% as of June 30, 2024. Looking ahead, HIMACS forecasts an increase in net sales and profits for the full year ending March 31, 2025.

For further insights into JP:4299 stock, check out TipRanks’ Stock Analysis page.