JFE Holdings (JP:5411) has released an update.
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JFE Holdings, Inc. has revised its consolidated financial results forecasts for the first half and the full year of fiscal 2024, with a notable decrease in business profit due to lower steel production and sales. The company expects a full-year business profit of 260 billion yen, down by 40 billion yen from the previous forecast, mainly impacted by the steel business’s volume declines. Despite this, the dividend forecast remains unchanged at 110 yen per share for the full year.
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