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Itochu Enex Demonstrates Resilient Profit Growth Amid Revenue Decline
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Itochu Enex Demonstrates Resilient Profit Growth Amid Revenue Decline

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ITOCHU ENEX CO., LTD. ( (JP:8133) ) has issued an announcement.

Itochu Enex Co., Ltd. reported its financial results for the first nine months ending December 31, 2024, showing a slight decrease in revenue by 4.4% compared to the previous year, but improvements in profit before tax and net profit attributable to shareholders. Despite the revenue decline, the company experienced a positive trend in net profit, indicating a stronger financial position. The forecast for the fiscal year ending March 31, 2025, anticipates increased earnings per share and notable growth in net profit attributable to shareholders, suggesting an optimistic outlook for stakeholders.

More about ITOCHU ENEX CO., LTD.

Itochu Enex Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily engaged in energy-related sectors. Its main products and services include energy supply and distribution, contributing to diversified energy solutions.

YTD Price Performance: -5.49%

Average Trading Volume: 92,791

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen175B

See more data about 8133 stock on TipRanks’ Stock Analysis page.

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