Sakai Chemical Industry Co., Ltd. (JP:4078) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sakai Chemical Industry Co., Ltd. reported a robust increase in their quarterly operating results, with a 71.3% rise in operating profit and over 100% growth in ordinary profit compared to the previous year. Net sales also grew by 3.7%, and the company demonstrated a strong capital position with a total assets increase and a capital adequacy ratio at 60%. Additionally, the company announced a second-quarter dividend of 35 yen per share.
For further insights into JP:4078 stock, check out TipRanks’ Stock Analysis page.