tiprankstipranks
Shin Nippon Biomedical Reports Revenue Growth Amid Profit Decline
Company Announcements

Shin Nippon Biomedical Reports Revenue Growth Amid Profit Decline

Shin Nippon Biomedical Laboratories, Ltd. (JP:2395) has released an update.

Don't Miss our Black Friday Offers:

Shin Nippon Biomedical Laboratories reported a 5.3% increase in revenue for the six months ending September 2024, reaching 12,508 million yen, despite a significant drop in operating profit by 96.6%. The company’s net assets grew to 36,453 million yen, although the equity ratio decreased to 40.9%. Dividends for the fiscal year are forecasted to remain stable at 50 yen per share.

For further insights into JP:2395 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App