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Welcia Holdings Sees Revenue Growth Amid Profit Declines in 2024

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Welcia Holdings Sees Revenue Growth Amid Profit Declines in 2024

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Welcia Holdings Co., Ltd. ( (JP:3141) ) just unveiled an announcement.

Welcia Holdings reported its consolidated financial results for the nine months ended November 30, 2024, revealing a 4.6% increase in net sales to ¥951,916 million. However, the company experienced declines in operating income, ordinary income, and net income attributable to owners of the parent, with decreases of 26.5%, 23.2%, and 27.5% respectively, compared to the previous year. The reduced profitability was reflected in a lower equity ratio and net income per share, indicating challenges in maintaining operational efficiency and profitability. Despite these setbacks, the company maintained its dividend forecast, signaling confidence in long-term stability.

More about Welcia Holdings Co., Ltd.

Welcia Holdings Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating within the retail industry. It focuses on offering a range of products and services, including pharmaceuticals, cosmetics, and daily necessities, catering primarily to the Japanese market.

YTD Price Performance: 4.19%

Average Trading Volume: 623,166

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen446.2B

Find detailed analytics on 3141 stock on TipRanks’ Stock Analysis page.

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