tiprankstipranks
Company Announcements

Kobe Steel Reports Nine-Month Financial Results and Revises Dividend Forecast

Story Highlights
Kobe Steel Reports Nine-Month Financial Results and Revises Dividend Forecast

Discover the Best Stocks and Maximize Your Portfolio:

Kobe Steel ( (JP:5406) ) has issued an announcement.

Kobe Steel announced its consolidated financial results for the nine months ending December 31, 2024, reporting a slight increase in net sales but a decrease in operating and ordinary profit compared to the previous year. The company revised its dividend forecast for fiscal 2024 and included Kansai Coke & Chemicals Co., Ltd. in its consolidation, indicating potential strategic adjustments.

More about Kobe Steel

Kobe Steel, Ltd. operates in the steel manufacturing industry, primarily focusing on producing and selling steel products. The company is listed on the Tokyo and Nagoya Stock Exchanges.

YTD Price Performance: 8.28%

Average Trading Volume: 400

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.24B

For detailed information about 5406 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1