Kureha (JP:4023) has released an update.
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Kureha Corporation has revised its financial forecast for fiscal 2024, anticipating a decline in revenue and profit due to weaker sales of key materials used in battery and fracking applications. The company now predicts revenue of 160 billion yen, down from the previous estimate of 170 billion yen, which affects all profit metrics. Despite the anticipated downturn, the year-end dividend is expected to remain unchanged.
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