Needs Well, Inc. ( (JP:3992) ) has provided an update.
Needs Well, Inc. reported consolidated financial results for the three months ending December 31, 2024. The company saw a moderate increase in net sales by 4.9% compared to the previous year, reaching ¥2,510 million. However, profit attributable to owners of the parent decreased by 10.3% to ¥225 million. Despite the decline in profit, the equity ratio remained strong at 75.0%, indicating robust financial health. The company forecasts continued growth in net sales and profits for the full fiscal year ending September 30, 2025, with an expected net sales increase of 11.0% and profit attributable to owners of the parent rising by 16.4%.
More about Needs Well, Inc.
Needs Well, Inc. operates within the technology industry and is listed on the Tokyo Stock Exchange. The company focuses on providing IT solutions and services.
YTD Price Performance: 5.85%
Average Trading Volume: 319,073
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen17.09B
Learn more about 3992 stock on TipRanks’ Stock Analysis page.
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