tiprankstipranks

Morito Co. Shows Profit Growth Amid Sales Dip

Morito Co. Shows Profit Growth Amid Sales Dip

Morito Co., Ltd. (JP:9837) has released an update.

Morito Co., Ltd. reports a decline in net sales but an increase in operating profit and ordinary profit for the six-month period ending May 31, 2024, compared to the previous year. The company’s consolidated financial forecast remains unchanged, predicting an overall improvement in performance by the fiscal year-end. Morito also maintains its dividend payout, announcing a consistent dividend forecast for FY2024.

For further insights into JP:9837 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App