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Shizuoka Gas Reports Decline in 2024 Profits but Raises Dividends

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Shizuoka Gas Reports Decline in 2024 Profits but Raises Dividends

SHIZUOKA GAS CO. LTD. ( (JP:9543) ) has shared an update.

Shizuoka Gas Co., Ltd. reported a decrease in net sales and profits for the term ended December 31, 2024, with significant declines in operating and ordinary profits compared to the previous year. Despite these declines, the company increased its annual dividend payments, indicating a commitment to returning value to shareholders. The financial results and forecasts suggest challenges in profitability, yet the company maintains stable cash flow and asset positions.

More about SHIZUOKA GAS CO. LTD.

Shizuoka Gas Co., Ltd. is a company listed on the Tokyo Stock Exchange and operates within the energy sector, focusing on providing gas services. The company is involved in the distribution and sale of gas, as well as the development of energy solutions, catering primarily to the Japanese market.

YTD Price Performance: 0.78%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €477.3M

See more insights into 9543 stock on TipRanks’ Stock Analysis page.

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