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Kyosan Electric Projects Strong Financial Recovery

Kyosan Electric Projects Strong Financial Recovery

Kyosan Electric Manufacturing Co., Ltd. (JP:6742) has released an update.

Kyosan Electric Manufacturing Co., Ltd. reported a 9.5% increase in net sales for the first half of 2024, despite recording a net loss. The company forecasts a significant improvement in profitability for the full fiscal year, with expected net sales of ¥84 billion and a profit attributable to owners of ¥4.4 billion.

For further insights into JP:6742 stock, check out TipRanks’ Stock Analysis page.

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