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MODEC Reports Robust Growth and Dividend Increase

MODEC Reports Robust Growth and Dividend Increase

Modec (JP:6269) has released an update.

MODEC, Inc. has reported a significant improvement in its financial performance for the first nine months of 2024, with revenue rising by 20.5% and profit attributable to owners surging by 376.3% compared to the previous year. The company also announced an increase in its cash dividends, forecasting a total of 60 yen per share for 2024, up from 20 yen in 2023. These results and projections reflect MODEC’s strong operational growth and enhanced shareholder returns.

For further insights into JP:6269 stock, check out TipRanks’ Stock Analysis page.

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