Lion (JP:4912) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Lion Corporation reports a robust first half of 2024, with a significant increase in profitability; net sales rose by 3% to ¥198,634 million, operating profit jumped by 113.9% to ¥13,357 million, and profit attributable to owners soared by 131% to ¥9,931 million. The company’s financial position remains strong with total equity at ¥304,326 million as of June 30, 2024. Earnings per share have more than doubled, and Lion forecasts continued growth with a year-end operating profit projection of ¥27,000 million, marking a 31.7% year-on-year increase.
For further insights into JP:4912 stock, check out TipRanks’ Stock Analysis page.
