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Hirose Electric Reports Strong Financial Growth and Forecasts Continued Success

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Hirose Electric Reports Strong Financial Growth and Forecasts Continued Success

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An announcement from HIROSE ELECTRIC CO ( (JP:6806) ) is now available.

Hirose Electric Co., Ltd. reported a significant increase in its financial performance for the nine months ending December 31, 2024, with revenues rising by 15.4% year-on-year and operating profit by 25.6%. The company has revised its business forecast upward for the fiscal year ending March 31, 2025, reflecting strong market demand and effective operational strategies, positioning itself for continued growth and enhanced shareholder value.

More about HIROSE ELECTRIC CO

Hirose Electric Co., Ltd. is a company listed on the Tokyo Stock Exchange’s Prime Market, specializing in the production of electronic connectors and components. The company focuses on serving various industries, including telecommunications, automotive, and consumer electronics, with a strong market presence globally.

YTD Price Performance: 1.78%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.93B

See more data about 6806 stock on TipRanks’ Stock Analysis page.

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