tiprankstipranks

Arakawa Chemical Industries Reports Strong Financial Recovery

Story Highlights
Arakawa Chemical Industries Reports Strong Financial Recovery

Arakawa Chemical Industries,Ltd. ( (JP:4968) ) just unveiled an announcement.

Arakawa Chemical Industries reported significant financial improvement for the nine months ending December 31, 2024, with net sales increasing by 12.1% compared to the previous year. The company’s financial performance reflects a turnaround with positive operating and ordinary profit figures, signaling a strong recovery from the losses in the previous period. The company anticipates continued growth with a full-year forecast showing further increases in net sales and profit, maintaining a stable dividend payout.

More about Arakawa Chemical Industries,Ltd.

Arakawa Chemical Industries, Ltd. operates in the chemical industry. It is listed on the Tokyo Stock Exchange and is involved in the production and distribution of chemical products.

YTD Price Performance: -2.45%

Average Trading Volume: 26,276

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen21.37B

Learn more about 4968 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App