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Seiko Electric Co., Ltd. Reports Strong Nine-Month Results
Company Announcements

Seiko Electric Co., Ltd. Reports Strong Nine-Month Results

Seiko Electric Co., Ltd. (JP:6653) has released an update.

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Seiko Electric Co., Ltd. reported strong financial results for the nine months ending September 30, 2024, with a notable 8.9% increase in net sales and a 38.3% rise in profit attributable to owners of the parent compared to the previous year. The company also showed improved financial position metrics, with a higher equity-to-asset ratio of 54.3% as of September 30, 2024. Additionally, Seiko Electric announced an anticipated increase in annual dividends for the fiscal year ending December 31, 2024.

For further insights into JP:6653 stock, check out TipRanks’ Stock Analysis page.

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