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Makino Milling Reports Financial Gains with Caution for Future
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Makino Milling Reports Financial Gains with Caution for Future

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The latest update is out from Makino Milling Machine Co ( (JP:6135) ).

Makino Milling Machine Co. reported its consolidated financial results for the nine months ending December 31, 2024, demonstrating a 3.6% increase in net sales and an 8.8% rise in operating profit compared to the previous year. However, profit attributable to owners of the parent decreased by 6.6%. The company also announced a forecasted year-end dividend increase and outlined a slight drop in net sales and ordinary profit for the fiscal year ending March 31, 2025, indicating a cautious outlook amidst changing market conditions.

More about Makino Milling Machine Co

Makino Milling Machine Co., Ltd. is a company listed on the Tokyo Stock Exchange that operates within the milling machine industry. It focuses on providing advanced machining solutions and technology to various sectors, aiming to enhance precision and efficiency in manufacturing processes.

YTD Price Performance: 52.54%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.82B

For a thorough assessment of 6135 stock, go to TipRanks’ Stock Analysis page.

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