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Shinnihon Corporation Reports Increased Sales and Higher Dividends Amidst Profit Decline

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Shinnihon Corporation Reports Increased Sales and Higher Dividends Amidst Profit Decline

The latest announcement is out from Shinnihon Corporation ( (JP:1879) ).

Shinnihon Corporation reported a 4.2% increase in net sales for the nine months ending December 31, 2024, despite seeing slight decreases in operating, ordinary, and net income compared to the previous year. The company also announced an increase in its equity-to-asset ratio, indicating a stronger financial position, and revised its dividend forecast upward, reflecting confidence in its operations amid a challenging market environment.

More about Shinnihon Corporation

Shinnihon Corporation is a company listed on the Tokyo Stock Exchange, specializing in construction and engineering services. Its market focus is primarily on infrastructure development and related sectors in Japan.

YTD Price Performance: 0.70%

Average Trading Volume: 60,355

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen92.07B

Find detailed analytics on 1879 stock on TipRanks’ Stock Analysis page.

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