Sangetsu Corporation Reports Increased Sales but Lower Profits Amid Strategic Expansion

Tip Ranks
2025.02.07 04:55
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Sangetsu Corporation reported a 5.2% increase in net sales to 147,299 million yen for the nine months ended December 31, 2024, but faced declines in operating profit and other profit metrics. The company has included D’Perception Pte. Ltd. in its consolidation, indicating strategic expansion. Despite the financial challenges, Sangetsu maintained its dividend forecast, reflecting a commitment to shareholder returns. The company specializes in interior design and materials and is listed on the Tokyo and Nagoya stock exchanges.

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Sangetsu Corporation ( (JP:8130) ) has provided an update.

Sangetsu Corporation reported its consolidated financial results for the nine months ended December 31, 2024, revealing a 5.2% increase in net sales to 147,299 million yen compared to the same period last year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, highlighting a challenging business environment. The company has also included a new entity, D’Perception Pte. Ltd., in its scope of consolidation, indicating potential strategic expansion. Despite the adverse financial performance, the company maintained its dividend forecast, suggesting a commitment to shareholder returns.

More about Sangetsu Corporation

Sangetsu Corporation is a company listed on the Tokyo and Nagoya stock exchanges, specializing in interior design and materials. It focuses on providing a range of products and services related to interior decoration and construction, catering to both domestic and international markets.

YTD Price Performance: -4.48%

Average Trading Volume: 181,608

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen166.5B

For detailed information about 8130 stock, go to TipRanks’ Stock Analysis page.

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