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MEC Company Ltd. ( (JP:4971) ) has provided an update.
MEC Company Ltd. announced differences between their forecasted and actual consolidated earnings for the fiscal year ending December 31, 2024, citing a shortfall due to increased taxes arising from corporate restructuring. This restructuring involved dissolving MEC (HONG KONG) LTD. and making MEC FINE CHEMICAL (ZHUHAI) LTD. a wholly owned subsidiary, impacting their financial results significantly.
More about MEC Company Ltd.
MEC Company Ltd. operates in the chemical industry, providing specialized fine chemicals and solutions, with a focus on enhancing efficiency and corporate image by 2030.
YTD Price Performance: -6.70%
Average Trading Volume: 107,284
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen62.14B
See more data about 4971 stock on TipRanks’ Stock Analysis page.
