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Nippon Coke Revises Financial Forecasts Amid Operational Disruptions

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Nippon Coke Revises Financial Forecasts Amid Operational Disruptions

Nippon Coke & Engineering Company, Limited ( (JP:3315) ) just unveiled an announcement.

Nippon Coke & Engineering Co., Ltd announced a revision to its full-year financial forecast due to a fire incident at its Kitakyushu Coking Works, which led to a temporary suspension of operations. As the impact of the fire is still under investigation and the company cannot reasonably calculate its financial results, the previously announced forecast has been withdrawn and remains undetermined, affecting stakeholders’ expectations.

More about Nippon Coke & Engineering Company, Limited

Nippon Coke & Engineering Co., Ltd is involved in the coke and engineering industry, providing products and services primarily related to coke production and engineering solutions. The company operates in the TSE Prime Market and focuses on delivering specialized engineering solutions and products.

YTD Price Performance: 5.26%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €178.6M

For an in-depth examination of 3315 stock, go to TipRanks’ Stock Analysis page.

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