tiprankstipranks
Tecnos Japan Inc. Reports Increased Sales but Decline in Profits
Company Announcements

Tecnos Japan Inc. Reports Increased Sales but Decline in Profits

Story Highlights

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

Tecnos Japan Inc. ( (JP:3666) ) has shared an update.

Tecnos Japan Inc. reported a 13% increase in net sales to ¥10,742 million for the nine months ending December 31, 2024, compared to the previous year. The company experienced growth in operating and ordinary profit, with increases of 23.5% and 17.1%, respectively. However, profit attributable to owners decreased by 16.3% to ¥929 million. The capital adequacy ratio slightly declined, and no changes were made to the financial forecast. Additionally, the company expanded its consolidation scope by incorporating three new subsidiaries.

More about Tecnos Japan Inc.

Tecnos Japan Inc. operates in the technology sector and is listed on the Tokyo stock exchange. The company provides a range of services with a market focus likely on IT solutions, given the context of its financial results.

YTD Price Performance: 3.87%

Average Trading Volume: 57,674

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen16.43B

For detailed information about 3666 stock, go to 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