tiprankstipranks
RIX Corporation Reports Nine-Month Financial Results and Updates Forecast
Company Announcements

RIX Corporation Reports Nine-Month Financial Results and Updates Forecast

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

RIX Corporation ( (JP:7525) ) has issued an update.

RIX Corporation reported its consolidated financial results for the nine months ending December 31, 2024, showing a 9.3% increase in net sales but declines in operating profit, ordinary profit, and profit attributable to owners of the parent compared to the previous period. The company has revised its forecast for the fiscal year ending March 31, 2025, indicating expectations for growth in net sales but decreases in profits, reflecting a challenging market environment and potential impacts on stakeholders.

More about RIX Corporation

RIX Corporation is a company listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange. It is involved in the manufacturing or service industry, offering products or services that cater to a specific market focus.

YTD Price Performance: -4.32%

Average Trading Volume: 8,177

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen23.53B

See more insights into 7525 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App