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The latest update is out from DMG MORI CO ( (JP:6141) ).
DMG MORI CO., LTD. reported its consolidated financial results for the fiscal year ending December 31, 2024, showing a slight increase in sales revenue by 0.3% compared to the previous year. However, the company’s operating profit and profit before income taxes experienced significant declines, dropping by 21.0% and 24.4% respectively, indicating challenges in maintaining profitability. The comprehensive income also decreased by 44.1%, reflecting broader financial pressures. The announcement indicates strategic adjustments, including the reclassification of its Russian operations as discontinued, which could impact its future financial performance and stakeholder interests.
More about DMG MORI CO
DMG MORI CO., LTD. is a company listed on the Tokyo Stock Exchange’s Prime Section, primarily engaged in the manufacturing industry. It specializes in machine tools and related services, with a focus on innovative technologies and solutions for diverse industrial applications.
YTD Price Performance: -1.69%
Average Trading Volume: 203
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.21B
For detailed information about 6141 stock, go to TipRanks’ Stock Analysis page.
