Totech Corporation Reports Robust Growth Amid Stock Split

Totech Corporation (JP:9960) has released an update.

Totech Corporation reported a strong performance for the first half of 2024, with net sales rising by 7.3% to ¥68,343 million and profit attributable to owners soaring by 70.2% to ¥4,531 million. This growth is attributed to strategic moves, including a recent 3-for-1 stock split, which also impacted earnings per share, now at ¥110.14. The company has adjusted its dividend forecast and remains optimistic about continued growth in the fiscal year ending March 2025.

For further insights into JP:9960 stock, check out TipRanks’ Stock Analysis page.

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