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An announcement from Daido Steel Co ( (JP:5471) ) is now available.
Daido Steel Co. reported a slight decline in its financial performance for the nine months ending December 31, 2024, with a 1.1% drop in revenue compared to the previous year. Despite the decrease in earnings, the company maintains a stable financial position with a total equity of 467,110 million yen. The firm also conducted a 5-for-1 stock split and anticipates a modest financial outlook for the fiscal year ending March 31, 2025, with a projected revenue increase of 0.2%.
More about Daido Steel Co
Daido Steel Co., Ltd. is a company listed on the Tokyo and Nagoya Stock Exchanges, operating in the steel industry. The company specializes in the production and sale of specialty steel products, which are essential for various industrial applications. It focuses on providing high-quality steel solutions to meet diverse market demands.
YTD Price Performance: 3.52%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.62B
For a thorough assessment of 5471 stock, go to TipRanks’ Stock Analysis page.
