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Tamron Co. Reports Strong Growth in Q2 FY2024
Company Announcements

Tamron Co. Reports Strong Growth in Q2 FY2024

Tamron Co., Ltd. (JP:7740) has released an update.

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Tamron Co., Ltd. reported a robust second quarter for FY2024, with significant increases across the board: net sales surged by 36.9%, operating income by 67.3%, ordinary income by 59%, and profit attributable to owners by 50.8% compared to the previous year. Additionally, the company experienced a comprehensive income growth of 63.6% and forecasted a rise in cash dividends per share. Total assets grew to 97,434 million yen, with total net assets reaching 77,805 million yen, maintaining a strong equity ratio of 79.9%.

For further insights into JP:7740 stock, check out TipRanks’ Stock Analysis page.

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