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Sakai Moving Service Reports Sales Growth Amid Profit Decline

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Sakai Moving Service Reports Sales Growth Amid Profit Decline

Sakai Moving Service Co., Ltd. ( (JP:9039) ) has shared an announcement.

Sakai Moving Service Co., Ltd. reported a 3.4% increase in net sales for the nine months ended December 31, 2024, despite experiencing declines in operating profit, ordinary profit, and profit attributable to owners of the parent. The company’s financial position remains strong with a high equity-to-asset ratio, although comprehensive income decreased by 8.9%. The announcement highlights the company’s resilience in maintaining sales growth amid profitability challenges, which may impact stakeholder expectations and industry positioning.

More about Sakai Moving Service Co., Ltd.

Sakai Moving Service Co., Ltd. operates in the moving services industry and is listed on the Tokyo Stock Exchange. The company specializes in providing comprehensive moving services, catering primarily to the Japanese market.

YTD Price Performance: -6.67%

Average Trading Volume: 39,932

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen96.31B

For detailed information about 9039 stock, go to TipRanks’ Stock Analysis page.

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