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IHI Corporation Reports Significant Foreign Exchange Gains
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IHI Corporation Reports Significant Foreign Exchange Gains

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IHI ( (JP:7013) ) just unveiled an announcement.

IHI Corporation announced a financial income increase due to foreign exchange gains amounting to 26.9 billion yen for the three months ended December 31, 2024, and a total of 9.9 billion yen for the nine months ended the same date. This boost is reflected in their consolidated financial report, potentially enhancing the company’s financial stability and competitive position in the industry.

More about IHI

IHI Corporation is a Japanese conglomerate involved in various sectors including aerospace, industrial machinery, and energy systems. The company focuses on producing technology-driven solutions and services, catering to both domestic and international markets.

YTD Price Performance: 7.70%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.5B

For a thorough assessment of 7013 stock, go to TipRanks’ Stock Analysis page.

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