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Kurita Water Industries ( (JP:6370) ) just unveiled an update.
Kurita Water Industries reported a strong financial performance for the nine months ending December 31, 2024, with a 4.9% increase in net sales and a 10.6% rise in profit attributable to owners. Growth was driven by increased orders in the Electronics Industry segment, particularly in water treatment facilities and precision tool cleaning, reflecting a semiconductor market recovery. Despite some sectoral challenges due to geopolitical risks and natural disasters, the company capitalized on the economic recovery in Japan and other Asian economies. The General Industry segment also saw growth, supported by large-scale projects and strategic acquisitions. The company’s financial condition showed an increase in total assets and equity, with strategic investments in facility acquisitions contributing to its robust position.
More about Kurita Water Industries
Kurita Water Industries Ltd. operates in the water treatment industry, offering services and products primarily focused on water treatment facilities and chemicals. The company serves various sectors, including the electronics and general industries, with a focus on providing value through solutions and services.
YTD Price Performance: -6.26%
Average Trading Volume: 2,418
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.86B
For a thorough assessment of 6370 stock, go to TipRanks’ Stock Analysis page.
