tiprankstipranks
Morito Co. Shows Profit Growth Amid Sales Dip
Company Announcements

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!