Mitsubishi Estate Company (JP:8802) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Mitsubishi Estate Co., Ltd. reported an increase in operating profit to ¥99.8 billion and profit attributable to owners to ¥50 billion for FY2024-2Q. The company anticipates capital gains primarily in the latter half of the year, with domestic business seeing growth driven by strong demand in office, retail, and hotel sectors. Despite some deferred property sales in international markets, the overall outlook for the fiscal year remains stable.
For further insights into JP:8802 stock, check out TipRanks’ Stock Analysis page.
