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Nichiden Corporation ( (JP:9902) ) has provided an announcement.
Nichiden Corporation reported a 5.7% increase in net sales for the nine months ending December 31, 2024, compared to the previous year. Despite this growth, the profit attributable to owners of the parent decreased by 4.1%. The company also announced a dividend forecast, maintaining a total annual dividend of 65 yen per share, despite interim fluctuations. This financial performance reflects a mixed outcome with growth in sales but a decline in profit, indicating potential challenges in cost management or market conditions affecting profitability.
More about Nichiden Corporation
Nichiden Corporation is a company listed on the Tokyo Stock Exchange, operating in the industrial sector. It focuses on providing a range of products and services relevant to its market, though specific details about its industry and offerings are not provided in the excerpt.
YTD Price Performance: -1.13%
Average Trading Volume: 17,537
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen92.73B
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