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DENSO ( (JP:6902) ) has shared an announcement.
DENSO Corporation reported its consolidated financial results for the nine months ended December 31, 2024, showing a slight decrease in revenue by 1.2% compared to the previous year. However, the company experienced significant increases in operating profit, profit before income taxes, and profit attributable to owners, with growth rates of 68.3%, 55.1%, and 78.1% respectively. These figures indicate substantial improvements in profitability despite a drop in revenue, suggesting efficient cost management and operational improvements. The company also announced a 4-for-1 stock split, effective from October 1, 2023, affecting the computation of earnings per share.
More about DENSO
DENSO Corporation operates in the automotive industry, primarily focusing on manufacturing advanced automotive components and systems. The company is listed on the Tokyo and Nagoya Stock Exchanges and is involved in providing solutions that improve vehicle safety, efficiency, and performance.
YTD Price Performance: -4.58%
Average Trading Volume: 3,734
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $37.38B
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