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SBS Holdings Sees Modest Growth Amid Income Declines, Projects Strong 2025

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SBS Holdings Sees Modest Growth Amid Income Declines, Projects Strong 2025

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The latest announcement is out from S B S Holdings, Inc. ( (JP:2384) ).

SBS Holdings, Inc. reported a modest increase in net sales for the fiscal year ended December 2024, with a 3.8% rise compared to the previous year. However, the company faced declines in operating income, ordinary income, and net income attributable to owners of the parent by 10.2%, 6.5%, and 4.3% respectively. Despite these declines, the company is projecting significant growth in 2025 with an 8.2% increase in net sales and improvements in operating and ordinary income. This announcement indicates SBS Holdings’ resilience and strategic planning in navigating market challenges while aiming for future growth, which could positively influence investor confidence.

More about S B S Holdings, Inc.

SBS Holdings, Inc. is a company listed on the Tokyo Stock Exchange, involved in providing logistics and related services. The company operates primarily in the logistics industry, focusing on efficient transportation and delivery solutions.

YTD Price Performance: 2.74%

Average Trading Volume: 74,866

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen96.83B

See more insights into 2384 stock on TipRanks’ Stock Analysis page.

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