Keisei Electric Railway Co (JP:9009) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Keisei Electric Railway Co., Ltd. reported a 10.8% increase in operating revenue and a significant 64.4% rise in operating income for the first quarter of 2024, compared to the same period last year. The company also announced a dividend forecast of 36 yen for the fiscal year ending March 31, 2025, and reiterated their unchanged full-year financial performance forecast with a 13.9% growth in operating revenue. Despite the increase in several financial metrics, the forecasted income attributable to owners of parent is expected to decrease by 46.4% for the full year.
For further insights into JP:9009 stock, check out TipRanks’ Stock Analysis page.