THK Co. Faces Challenges but Maintains Dividend Policy

THK Co (JP:6481) has released an update.

THK Co. reports a downturn in financial performance for the first half of 2024, with revenue and profits significantly decreasing compared to the previous year, although total equity and assets have grown. The company maintains a stable dividend policy with a 30% payout ratio and projects an improvement in revenues and profits by the end of the year. There were no changes in accounting policies, estimates, or scope of consolidation during this period.

For further insights into JP:6481 stock, check out TipRanks’ Stock Analysis page.