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JFE Holdings Reports Decline in Q3 FY2024 Profits Amid Industry Challenges
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JFE Holdings Reports Decline in Q3 FY2024 Profits Amid Industry Challenges

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An announcement from JFE Holdings ( (JP:5411) ) is now available.

JFE Holdings reported its financial results for the third quarter of fiscal year 2024, ending March 31, 2025, showing a decrease in revenue by 4.9% compared to the previous year. The company experienced significant declines in business profit, profit before tax, and profit attributable to owners, despite maintaining its dividend forecast. The results highlight challenges in the industry and suggest potential impacts on profitability and shareholder returns.

More about JFE Holdings

JFE Holdings, Inc. is a Japanese corporation listed on the Tokyo Stock Exchange, operating primarily in the steel industry. The company focuses on producing and distributing steel products, serving various sectors including construction, automotive, and infrastructure development.

YTD Price Performance: 1.48%

Average Trading Volume: 150

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.96B

See more data about 5411 stock on TipRanks’ Stock Analysis page.

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