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TENMA Reports Decline in Quarterly Profits but Remains Optimistic
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TENMA Reports Decline in Quarterly Profits but Remains Optimistic

TENMA (JP:7958) has released an update.

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TENMA CORPORATION reported a decrease in financial performance for the three months ended June 30, 2024, with net sales, operating profit, and profit attributable to owners dropping by 6.1%, 56.2%, and 58.0% respectively, compared to the same period last year. The company’s overall financial position remains strong with a slight increase in total assets and net assets since March 31, 2024. TENMA maintained its dividend forecast and reported a positive outlook for the full fiscal year ending March 31, 2025, with an expected increase in net sales and operating profit.

For further insights into JP:7958 stock, check out TipRanks’ Stock Analysis page.

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