Tenox Corporation Revises FY2024 Financial and Dividend Forecasts
Tenox Corporation has revised its FY2024 financial and dividend forecasts, citing a slight decline in net sales due to delays in soil improvement work. However, the company anticipates an increase in operating and ordinary income due to improved construction efficiency. The dividend forecast has been raised, reflecting stronger business performance and a stable financial position, aimed at providing a stable return to shareholders. Tenox operates in the construction industry, focusing on large-scale pile construction for infrastructure projects.
Tenox Corporation ( (JP:1905) ) has issued an update.
Tenox Corporation has revised its consolidated financial and dividend forecasts for FY2024, citing a slight decline in net sales due to delays in soil improvement work. Despite this, the company expects an increase in operating and ordinary income, attributing this to improved construction efficiency and optimized sales activities. The dividend forecast has been increased, reflecting a stronger business performance and a stable financial position, with a focus on providing a stable return to shareholders.
More about Tenox Corporation
Tenox Corporation operates in the construction industry, focusing on large-scale pile construction for railways and other infrastructure projects. The company is known for its efforts to optimize contract terms and improve construction efficiency.
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