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Nichireki Group Reports Nine-Month Financial Performance with Sales Growth

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Nichireki Group Reports Nine-Month Financial Performance with Sales Growth

An update from Nichireki Co., Ltd. ( (JP:5011) ) is now available.

Nichireki Group Co., Ltd. reported its consolidated financial results for the nine months ending December 31, 2024, showing a 2.2% increase in net sales compared to the previous year, despite declines in operating and ordinary profit. The company maintains a robust equity ratio of 80.2% and anticipates a full-year net sales growth of 8.4% with improvements in profitability. The company is navigating through changes in accounting policies, and its financial stability is supported by consistent dividend payments and a strong asset base.

More about Nichireki Co., Ltd.

Nichireki Group Co., Ltd. operates in the construction and infrastructure sector, specializing in road paving and maintenance products. The company is listed on the Tokyo Stock Exchange and focuses on providing innovative solutions for road construction and maintenance.

YTD Price Performance: -15.12%

Average Trading Volume: 23,174

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen69.67B

For an in-depth examination of 5011 stock, go to TipRanks’ Stock Analysis page.

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