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Kubota Corporation Reports 2024 Financial Results with Strong Profit Growth

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Kubota Corporation Reports 2024 Financial Results with Strong Profit Growth

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Kubota ( (JP:6326) ) has shared an announcement.

Kubota Corporation reported its consolidated financial results for the year ending December 31, 2024, showing a slight decrease in revenue to ¥3,016,281 million, a dip of 0.1%. Despite this, the company experienced significant growth in operating profit, which rose by 53.4% to ¥315,636 million, and comprehensive income increased by 32.0% to ¥460,832 million. These results indicate a robust operational performance, potentially enhancing Kubota’s industry positioning and positively impacting its stakeholders.

More about Kubota

Kubota Corporation operates within the manufacturing sector, primarily focusing on the production of agricultural machinery, engines, and construction equipment. The company is known for its global market presence and commitment to innovation in providing sustainable solutions for food, water, and the environment.

YTD Price Performance: 4.06%

Average Trading Volume: 7,820

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.14B

Learn more about 6326 stock on TipRanks’ Stock Analysis page.

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