Punch Industry Co., Ltd. (JP:6165) 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
Punch Industry Co., Ltd. reports a consolidated operating profit increase of 208.5% for the three months ended June 30, 2024, compared to the same period last year, with a notable rise in net sales and a significant jump in earnings per share from 4.88 to 5.87 yen. The company’s financial position remains robust with a total asset increase and an improved equity ratio from 63.1% to 65.0%. No dividends were paid for the first quarter, but a forecasted annual total of 19.61 yen per share has been announced for the fiscal year ending March 31, 2025.
For further insights into JP:6165 stock, check out TipRanks’ Stock Analysis page.