Mugen Estate Co., Ltd. (JP:3299) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mugen Estate Co., Ltd. reports a robust increase in consolidated financial results for the second quarter of 2024, with net sales up by 20% and profit attributable to owners of parent surging by 58.8% compared to the previous year. The company’s financial position remains strong with total assets at 86,223 million yen and an equity ratio of 34.1%. There has been no revision to the bullish full-year forecast, maintaining expectations for continued growth in sales and profits.
For further insights into JP:3299 stock, check out TipRanks’ Stock Analysis page.