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Daihen Corporation Sees Growth in Net Sales and Operating Profits Amid Decline in Attributable Profit
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Daihen Corporation Sees Growth in Net Sales and Operating Profits Amid Decline in Attributable Profit

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The latest update is out from Daihen Corporation ( (JP:6622) ).

Daihen Corporation reported a notable increase in net sales and operating profits for the nine months ending December 31, 2024, despite a decline in profit attributable to owners of the parent. The company’s financial position improved with higher total and net assets, and the equity ratio slightly increased, indicating stable financial health. The dividend forecast remains unchanged, reflecting consistent shareholder returns.

More about Daihen Corporation

Daihen Corporation operates in the industrial equipment sector, focusing on manufacturing products such as transformers, welding equipment, and robotics systems. It serves a diverse market, including industries requiring automation and power distribution solutions.

YTD Price Performance: -11.87%

Average Trading Volume: 130,003

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen165.3B

Find detailed analytics on 6622 stock on TipRanks’ Stock Analysis page.

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