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AMADA HOLDINGS CO ( (JP:6113) ) has shared an announcement.
AMADA HOLDINGS CO., LTD. reported a decline in its financial performance for the nine months ending December 31, 2024, compared to the same period in 2023. Revenue, operating profit, and profit before tax all saw decreases, with profit attributable to owners of the parent dropping by 27.3%. Despite these declines, the company has maintained its financial forecast for the fiscal year ending March 31, 2025, with expectations of slight revenue growth. A significant change in operations was the absorption of AMADA WELD TECH CO., LTD., which was previously a wholly owned subsidiary, indicating a strategic consolidation move to streamline operations.
More about AMADA HOLDINGS CO
AMADA HOLDINGS CO., LTD. is a company listed on the Prime Market of the Tokyo Stock Exchange, primarily engaged in the manufacturing and sale of metalworking machinery. The company focuses on providing a wide range of products and services related to metalworking solutions, catering to various industries that require precise and efficient manufacturing processes.
YTD Price Performance: 3.91%
Average Trading Volume: 3,100
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.38B
Learn more about 6113 stock on TipRanks’ Stock Analysis page.
