tiprankstipranks
Company Announcements

Kurabo Industries Reports Nine-Month Financial Results with Improved Profitability

Story Highlights
Kurabo Industries Reports Nine-Month Financial Results with Improved Profitability

Discover the Best Stocks and Maximize Your Portfolio:

KURABO INDUSTRIES LTD. ( (JP:3106) ) has provided an announcement.

Kurabo Industries Ltd. reported consolidated financial results for the nine months ending December 31, 2024, showing a slight decline in net sales by 1.0% to ¥111,857 million compared to the previous year. However, the company saw notable increases in operating profit, ordinary profit, and profit attributable to owners of the parent, with the latter rising by 36.8%. The company also improved its equity-to-asset ratio to 61.0% as of December 31, 2024. The forecast for the fiscal year ending March 31, 2025, suggests moderate growth across key financial metrics, reflecting a stable financial outlook.

More about KURABO INDUSTRIES LTD.

Kurabo Industries Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in industries such as textiles and chemicals. They focus on delivering innovative products and services to a diverse market.

YTD Price Performance: -3.30%

Average Trading Volume: 34,222

Technical Sentiment Consensus Rating: Sell

For a thorough assessment of 3106 stock, go to 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