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An announcement from LIXIL Group ( (JP:5938) ) is now available.
LIXIL Corporation reported its consolidated financial results for the third quarter ending December 31, 2024, showing a slight increase in revenue by 1.6% compared to the previous year. However, the company experienced a significant decline in profitability, with operating profit and profit attributable to owners of the parent dropping by 29.7% and 36.8% respectively. This performance indicates challenges in the company’s operational efficiency and profitability, potentially impacting its market positioning and stakeholder confidence.
More about LIXIL Group
LIXIL Corporation is a prominent player in the building materials and housing equipment industry, primarily focusing on providing innovative products and services for residential and commercial spaces. The company is listed on the Tokyo and Nagoya stock exchanges and is committed to enhancing the quality of living through its comprehensive solutions.
YTD Price Performance: 2.78%
Average Trading Volume: 1,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.2B
For a thorough assessment of 5938 stock, go to TipRanks’ Stock Analysis page.
