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Hitachi’s Q1 Results Show Substantial Profit Growth
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Hitachi’s Q1 Results Show Substantial Profit Growth

Hitachi,Ltd. (JP:6501) has released an update.

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Hitachi, Ltd. reported a strong financial performance in the first quarter of fiscal 2024, with net income soaring to 186,754 million yen, marking a 229% increase compared to the same period last year. Earnings per share also significantly increased, reflecting a 253% rise. The company’s consolidated financial results indicate solid growth, as evidenced by a substantial 212% increase in Earnings Before Interest and Taxes (EBIT).

For further insights into JP:6501 stock, check out TipRanks’ Stock Analysis page.

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