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INPEX Reports Strong Financial Recovery for 2024

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INPEX Reports Strong Financial Recovery for 2024

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INPEX ( (JP:1605) ) has shared an update.

INPEX CORPORATION reported its consolidated financial results for the year ended December 31, 2024, showcasing a significant improvement in financial performance. The company achieved a 4.7% increase in revenue and a 14.1% rise in operating profit compared to the previous year, reflecting a robust recovery. The profit attributable to owners of the parent saw a substantial jump of 32.8%, highlighting the company’s strong operational efficiencies and strategic management. This financial growth positions INPEX favorably within the energy industry, potentially enhancing its appeal to investors and stakeholders.

More about INPEX

INPEX CORPORATION is a company listed on the Tokyo Stock Exchange, primarily involved in the energy sector. It focuses on the exploration, development, production, and sales of oil and natural gas. The company is strategically positioned in the energy market to capitalize on its vast resources and expertise in energy production.

YTD Price Performance: 2.40%

Average Trading Volume: 2,771

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $15.53B

See more insights into 1605 stock on TipRanks’ Stock Analysis page.

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