Tsubaki Nakashima Co., Ltd (JP:6464) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tsubaki Nakashima Co., Ltd. reported a strong financial performance for the first half of 2024, with a 6.9% increase in sales and significant growth in net profit by 86.9% compared to the same period last year. The company’s equity also grew, with the ratio of equity attributable to owners of the parent climbing to 36.0% from 32.6%. Additionally, Tsubaki Nakashima announced an increase in their dividend payout and confirmed that their full-year financial forecast remains unchanged despite the sale of their ball screws and ball ways manufacturing business.
For further insights into JP:6464 stock, check out TipRanks’ Stock Analysis page.