tiprankstipranks
Company Announcements

Kyosan Electric Reports Decreased Sales and Assets

Kyosan Electric Reports Decreased Sales and Assets

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

Kyosan Electric Manufacturing Co., Ltd. reported a decrease in net sales by 8.4% in June 2024 compared to the previous year, with net sales falling from 10,710 million yen to 9,808 million yen. The company also experienced a comprehensive income loss of 1,519 million yen, a stark contrast to the 330 million yen gained in June 2023. Additionally, total assets decreased from 129,563 million yen in March 2024 to 120,841 million yen in June 2024.

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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