tiprankstipranks
SHIZUOKA GAS Revises Annual Financial Forecasts
Company Announcements

SHIZUOKA GAS Revises Annual Financial Forecasts

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

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

SHIZUOKA GAS CO., LTD. has updated its full-year consolidated business forecast for the fiscal year ending December 31, 2024, with mixed results. While the operating profit is expected to fall by 9.2% due to higher raw material costs influenced by crude oil prices and exchange rates, both ordinary profit and profit attributable to owners of the parent are projected to rise by 13.5% and 15.8%, respectively, helped by favorable exchange rate valuations.

For further insights into JP:9543 stock, check out TipRanks’ Stock Analysis page.

Related Articles
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