Systena Corporation (JP:2317) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Systena Corporation reports a robust start in the first quarter of 2024, with a 5.4% increase in net sales and a significant 48.9% surge in profit attributable to owners compared to the previous year. The company’s positive financial performance is also reflected in a strong equity-to-asset ratio of 70.8% as of June 30, 2024. Looking forward, Systena projects a healthy year-end, with net sales forecasts ranging between 10.5% to 30.0% growth, and an increase in basic earnings per share to 18.98 to 22.78 yen.
For further insights into JP:2317 stock, check out TipRanks’ Stock Analysis page.