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Naigai Trans Line Ltd. ( (JP:9384) ) has provided an announcement.
Naigai Trans Line Ltd. reported its consolidated financial results for the fiscal year ending December 31, 2024, showing a significant increase in net sales by 17.8% compared to the previous year, reaching 38,016 million yen. Despite the sales growth, the company experienced a slight decline in operating profit by 1.5%, while ordinary profit and profit attributable to owners of the parent saw modest increases, indicating stable yet cautious financial progress. The company’s financial position remains strong with a high equity-to-asset ratio of 81.2%, and cash flows from operating activities improved, ending the year with 15,747 million yen in cash and cash equivalents. Dividend payments remain consistent, reflecting a commitment to shareholder returns.
More about Naigai Trans Line Ltd.
Naigai Trans Line Ltd. is a company listed on the Tokyo Stock Exchange, with a focus on logistics and transportation services. Operating under Japanese GAAP, it is involved in providing integrated logistics solutions, emphasizing efficiency and reliability in the transportation sector.
YTD Price Performance: -7.25%
Average Trading Volume: 33,767
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen24.29B
Learn more about 9384 stock on TipRanks’ Stock Analysis page.
