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Meiwa Estate Co., Ltd. Reports Strong Financial Growth in 2024

Story Highlights
  • Meiwa Estate Co., Ltd. saw a 55.4% rise in net sales and 321% increase in operating profit.
  • Despite strong performance, full-year forecast suggests slight decline in profit margins.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meiwa Estate Co., Ltd. Reports Strong Financial Growth in 2024

An update from Meiwa Estate Co. Ltd. ( (JP:8869) ) is now available.

Meiwa Estate Co., Ltd. reported a substantial increase in financial performance for the nine months ending December 31, 2024, with net sales rising by 55.4% and operating profit surging by 321% compared to the previous year. The company’s improved earnings per share and financial position reflect a strong operational performance, although the forecast for the full year indicates a slight decline in profit margins, posing potential challenges in maintaining this growth trajectory.

More about Meiwa Estate Co. Ltd.

Meiwa Estate Co., Ltd. operates in the real estate industry, primarily focusing on property development and management services. Listed on the Tokyo Stock Exchange, the company plays a significant role in the Japanese real estate market.

YTD Price Performance: 1.67%

Average Trading Volume: 53,315

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen22.84B

For detailed information about 8869 stock, go to TipRanks’ Stock Analysis page.

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