Dowa Holdings Co ( (DWMNF) ) has released its Q3 earnings. Here is a breakdown of the information Dowa Holdings Co presented to its investors.
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Dowa Holdings Co., Ltd. is a diversified company primarily operating in the environmental management and recycling, nonferrous metals, electronic materials, metal processing, and heat treatment sectors. Listed on the Tokyo Stock Exchange, the company is known for its broad array of services and products, ranging from waste treatment to the production of various metals and electronic materials.
In its latest earnings report for the nine months ended December 31, 2024, Dowa Holdings Co. reported net sales of ¥517,252 million, reflecting a 6.2% decrease from the previous year. Despite this decline in sales, the company saw an improvement in operating profit, which rose by 13.2% to ¥25,635 million, and ordinary profit also increased by 4.2% to ¥34,519 million, demonstrating resilience in its operational efficiency.
Key financial highlights from the report include a slight decrease in profit attributable to owners of the parent, down 1.0% to ¥23,792 million. The company’s total assets increased to ¥676,865 million, with net assets also seeing a rise to ¥407,298 million, indicating a strong financial position. Additionally, Dowa Holdings has revised its dividend forecast, projecting a year-end dividend of ¥150.00 per share, up from ¥130.00 in the previous fiscal year.
The company has maintained stability amidst challenging market conditions, with strategic emphasis on enhancing profitability across its diversified business segments. The Environmental Management & Recycling segment saw significant growth in external customer sales, while the Nonferrous Metals segment experienced a decline.
Looking forward, Dowa Holdings aims to achieve net sales of ¥700,000 million and a profit attributable to owners of the parent of ¥30,000 million for the fiscal year ending March 31, 2025. The company continues to focus on optimizing its operations and exploring growth opportunities within its core sectors, positioning itself for sustained success in the coming years.
