The latest update is out from SG Holdings Co ( (JP:9143) ).
SG Holdings Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2025, due to varying performance across its business segments. While the Delivery Business is facing challenges from competitive pressures and consumer sentiment, leading to a downward revision, the Logistics Business is performing better than expected due to stable freight rates and new customer acquisitions. This mixed performance has led to an overall slight increase in operating revenue but a decrease in net income projections.
More about SG Holdings Co
SG Holdings Co., Ltd. operates in the logistics and delivery industry, providing services such as package delivery and freight transportation. The company is focused on maintaining competitive pricing and expanding its logistics capabilities to adapt to market changes.
YTD Price Performance: 15.98%
Average Trading Volume: 1,200
Technical Sentiment Signal: Sell
Current Market Cap: $6.68B
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