Orient Corporation ( (JP:8585) ) has issued an update.
Orient Corporation reported its consolidated financial results for the nine months ending December 31, 2024, with an operating revenue increase of 8.2% year-on-year. However, the company experienced a decline in operating profit, ordinary profit, and profit attributable to owners of the parent, indicating a challenging financial period despite revenue growth. The company also announced no changes to its forecasted cash dividends or earnings forecasts for the fiscal year ending March 31, 2025. The company’s equity-to-asset ratio improved slightly, reflecting a stable financial position despite the profit declines.
More about Orient Corporation
Orient Corporation is a financial services company listed on the Tokyo Stock Exchange, specializing in a range of financial products and services. The company’s primary focus is on the Japanese market, offering services that include consumer credit and other financial solutions.
Current Market Cap: $1.96B
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