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JFE Systems Reports Nine-Month Financial Performance with Mixed Results

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JFE Systems Reports Nine-Month Financial Performance with Mixed Results

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JFE Systems, Inc. ( (JP:4832) ) has provided an announcement.

JFE Systems, Inc. reported its consolidated financial results for the nine months ending December 31, 2024, with a modest increase in net sales by 1.5% year-on-year. However, the company faced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, reflecting a challenging market environment. The forecast for the fiscal year ending March 31, 2025, anticipates continued growth in net sales by 3.2% but slight decreases in operating and ordinary profits. JFE Systems adjusted its dividend forecast for the fiscal year, reflecting a cautious approach in response to financial results.

More about JFE Systems, Inc.

JFE Systems, Inc. operates within the technology industry and is listed on the Tokyo Stock Exchange. The company focuses on providing information technology solutions and services, including system integration and software development.

YTD Price Performance: 2.72%

Average Trading Volume: 4,942

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen49.39B

See more insights into 4832 stock on TipRanks’ Stock Analysis page.

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