Sappe - 3Q24 Earnings Down YoY and QoQ, but Better than Expected Due to a Strong GPM
3Q24 profit was better than expected, driven by higher-than- anticipated margins and other income, while sales were in line with expectations....
253 Views
Sappe - Weak 3Q24E Earnings Outlook; 2024-26E Forecasts Revised Down
The 2024-26E core profit estimates have been revised down by 9- 22%, reflecting lower sales forecasts, reduced profit margins, and higher SG&A to...
151 Views
Sappe - Record-High Sales and Profit in 2Q24
The 2Q24 profit hit a new record and beat our forecast, driven by a better-than-expected profit margin, while sales grew in line with the expectation.
168 Views
Sappe - 2Q24E Sales and Profit to Hit New Record Highs
2Q24E core profit is expected to have grown 19% YoY and 7% QoQ driven by increased overseas sales growth and GPM YoY and QoQ.
154 Views
Sappe Tb - Strong Sales and Profit in 2Q24E; 2024-26E Earnings Forecasts Revised Up
We revised up our core profit forecasts for 2024-26E by 3-6%, reflecting a higher-than-expected profit margin and operating expenses to sales in 1Q24.
385 Views