Sanyo Shokai Ltd. (JP:8011) has released an update.
Sanyo Shokai Ltd. has reported a decline in their financial performance for the three months ending May 31, 2024, with net sales falling by 3.7% and profit attributable to owners decreasing significantly by 34.1%. The company’s equity ratio also saw a slight decrease from 70.2% to 69.4%. Despite the downturn, the company forecasts a marginal increase in net sales and a significant improvement in earnings per share for the full year ending February 2025.
For further insights into JP:8011 stock, check out TipRanks’ Stock Analysis page.
