tiprankstipranks
Company Announcements

JAC Recruitment Reports Growth in Sales but Decline in Profitability for 2024

Story Highlights
JAC Recruitment Reports Growth in Sales but Decline in Profitability for 2024

Discover the Best Stocks and Maximize Your Portfolio:

JAC Recruitment Co., Ltd. ( (JP:2124) ) has shared an update.

JAC Recruitment Co., Ltd. reported its financial results for the fiscal year ending December 31, 2024, showing a solid increase in net sales by 13.6% to ¥39,156 million and operating income growth of 10.7% to ¥9,090 million. However, the profit attributable to owners of the parent decreased by 6.1% to ¥5,611 million, indicating challenges in profitability despite revenue growth. The company also executed a four-for-one stock split effective January 1, 2024, impacting earnings and net assets per share figures. These financial results suggest JAC Recruitment is maintaining strong sales growth but faces challenges in translating this into increased profitability, which may affect stakeholder expectations.

More about JAC Recruitment Co., Ltd.

JAC Recruitment Co., Ltd. is a company listed on the Tokyo Stock Exchange, specializing in recruitment services. The company focuses on providing employment solutions and has a strong market presence in the recruitment industry.

YTD Price Performance: -6.24%

Average Trading Volume: 206,457

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen108.8B

Find detailed analytics on 2124 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
1