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Tokyo Kisen Reports Q3 Profit Decrease and Dividend Forecast Correction

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Tokyo Kisen Reports Q3 Profit Decrease and Dividend Forecast Correction

Tokyo Kisen Co., Ltd. ( (JP:9193) ) has issued an announcement.

Tokyo Kisen Co., Ltd. reported a significant decrease in ordinary profit for the third quarter ending December 2024, with a 91.4% drop compared to the previous year, despite an increase in profit attributable to owners of the parent by 289.2%. The company announced a correction to its dividend forecast with an expected year-end dividend per share of 20.00 yen, significantly lower than the previous forecast of 50.00 yen.

More about Tokyo Kisen Co., Ltd.

Tokyo Kisen Co., Ltd. operates in the general business category and is listed on the Tokyo Stock Exchange’s Standard market. The company is involved in the maritime industry, providing services that likely include shipping and transportation.

YTD Price Performance: 10.97%

Average Trading Volume: 31,616

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen8.75B

Find detailed analytics on 9193 stock on TipRanks’ Stock Analysis page.

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