Ichiken Co., Ltd. (JP:1847) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Ichiken Co., Ltd. reports a robust financial performance for the first quarter ending June 30, 2024, with net sales up by 16.5% and operating profit surging by 197.6% compared to the previous year. The company’s ordinary profit also saw a significant increase of 200%, with earnings per share rising to 170.78 yen from 71.44 yen in the same quarter of the previous year. Despite these strong results, Ichiken forecasts a slight year-on-year decline in net sales and profits for the full fiscal year ending March 31, 2025.
For further insights into JP:1847 stock, check out TipRanks’ Stock Analysis page.