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ANEST IWATA Reports Mixed Financial Results for Q3 FY2024

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ANEST IWATA Reports Mixed Financial Results for Q3 FY2024

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ANEST IWATA Corp. ( (JP:6381) ) has shared an update.

ANEST IWATA Corporation reported its financial results for the third quarter of FY2024, showing a slight increase in net sales by 2.6% year-on-year. Despite this, the company experienced a decline in ordinary profit and profit attributable to owners, with comprehensive income falling significantly by 32.7%. The forecast for FY2024 anticipates a modest rise in net sales but a decrease in operating and ordinary profits, reflecting challenging market conditions and strategic adjustments, including changes in the scope of consolidation.

More about ANEST IWATA Corp.

ANEST IWATA Corporation is a company listed on the Tokyo Stock Exchange in Japan, primarily involved in manufacturing equipment and technologies. The company’s offerings include air compressors, coating equipment, and other related products, serving various industrial and commercial markets.

YTD Price Performance: -6.52%

Average Trading Volume: 51,063

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen53.6B

For an in-depth examination of 6381 stock, go to TipRanks’ Stock Analysis page.

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