MODEC Reports Robust Growth and Optimistic Forecast

Modec (JP:6269) has released an update.

MODEC, Inc. has reported a significant increase in its consolidated financial results for the first half of 2024, with an 18.2% rise in revenue and nearly 300% growth in profit over the previous year. The company has also announced an increase in its cash dividend forecast for the end of the year and is expecting a continued upward trend in its full-year financials, with revenue and profits projected to climb substantially.

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