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Nippon Coke Reports Significant Financial Downturn for 2024

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Nippon Coke Reports Significant Financial Downturn for 2024

Nippon Coke & Engineering Company, Limited ( (JP:3315) ) has provided an update.

Nippon Coke & Engineering Co., Ltd. has reported its consolidated financial results for the nine months ending December 31, 2024, showing a significant downturn with a 26.6% decrease in net sales and a notable shift from profit to losses compared to the previous year. This financial performance suggests challenges within the company that may affect stakeholders, as evidenced by revisions to its full-year forecasts and the introduction of changes in accounting policies.

More about Nippon Coke & Engineering Company, Limited

Nippon Coke & Engineering Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating primarily in the coke industry. The company specializes in the production and engineering of coke products, serving various industrial sectors.

YTD Price Performance: 5.26%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €178.6M

Learn more about 3315 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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