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TSUKISHIMA HOLDINGS Reports Strong Sales Growth But Declining Profits
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TSUKISHIMA HOLDINGS Reports Strong Sales Growth But Declining Profits

TSUKISHIMA HOLDINGS CO. LTD. (JP:6332) has released an update.

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TSUKISHIMA HOLDINGS CO. LTD. reported a 39.1% increase in net sales for the second quarter of 2024 compared to the previous year, reaching 53,269 million yen. Despite this growth, the company’s operating profit saw a significant drop, while ordinary profit surged by 168.8%. The capital adequacy ratio also improved to 49.4%, reflecting a stronger financial position.

For further insights into JP:6332 stock, check out TipRanks’ Stock Analysis page.

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