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KONDOTEC INC. ( (JP:7438) ) has issued an announcement.
KONDOTEC INC. reported a 3.4% increase in net sales for the third quarter ending December 2024, compared to the same period in the previous year. However, the company’s operating profit decreased by 5%, and ordinary profit fell by 4.1%, indicating a potential challenge in maintaining profitability despite growing sales. The slight decrease in profit attributable to owners of the parent suggests the company is facing operational cost pressures. Despite this, KONDOTEC’s financial stability is reflected in the rise of its capital adequacy ratio to 57.3%, and an increase in net assets, demonstrating a robust financial position. The company also increased its dividend per share in the second quarter, signaling confidence in its future prospects.
More about KONDOTEC INC.
KONDOTEC INC. operates in the general business sector and is listed on the Tokyo Stock Exchange. It primarily focuses on providing products and services that cater to a variety of business needs. The company is noted for its stable presence in the market and has a financial year ending on March 31, 2025.
YTD Price Performance: -1.92%
Average Trading Volume: 28,345
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen33.87B
Find detailed analytics on 7438 stock on TipRanks’ Stock Analysis page.
