The latest announcement is out from Shinwa Co., Ltd. ( (JP:7607) ).
Shinwa Co., Ltd. reported a significant increase in its financial performance for the three months ended November 30, 2024, with net sales up by 13.4% and operating profit rising by 58.9% year-on-year. However, despite improvements in key financial metrics, comprehensive income decreased by 62.1%, and the company’s capital adequacy ratio slightly declined. The financial forecast for the fiscal year ending August 31, 2025, anticipates continued growth in sales and profits, with expected increases in dividends, indicating a positive outlook for shareholders and stakeholders.
More about Shinwa Co., Ltd.
Shinwa Co., Ltd. is a company listed on the Tokyo and Nagoya stock exchanges. It operates in various industries, focusing on engineering and trading services. The company is expanding its market presence, as demonstrated by the inclusion of Shinwa (India) Engineering & Trading Private Limited in its consolidated financial results.
YTD Price Performance: -3.31%
Average Trading Volume: 13,267
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen38.65B
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