Tenox Corporation Revises FY2024 Financial and Dividend Forecasts

Tip Ranks
2025.03.19 09:52
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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.