tiprankstipranks
Izumi Co., Ltd. Reports Increase in Revenue Despite Profit Decline
Company Announcements

Izumi Co., Ltd. Reports Increase in Revenue Despite Profit Decline

Story Highlights

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

The latest update is out from Izumi Co., Ltd. ( (JP:8273) ).

Izumi Co., Ltd. reported its consolidated financial results for the nine months ending November 30, 2024, showing an 8.2% increase in operating revenue compared to the previous year. However, the company faced declines in profits, with operating profit down by 22.1% and ordinary profit by 23.1%. This decline is reflected in the profit attributable to owners of the parent, which dropped by 18.4%. Despite these challenges, the company maintained its dividend forecast, indicating no revisions to previously published projections, suggesting a stable outlook for investors.

More about Izumi Co., Ltd.

Izumi Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange, primarily involved in the retail industry. The company focuses on operating shopping centers and retail stores, providing a wide range of consumer goods and services.

YTD Price Performance: -2.95%

Average Trading Volume: 133,169

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen223.4B

See more insights into 8273 stock on TipRanks’ Stock Analysis page.

Related Articles
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