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An announcement from Nippon Electric Glass Co ( (JP:5214) ) is now available.
Nippon Electric Glass Co., Ltd. reported a significant turnaround in its financial performance for the fiscal year ended December 31, 2024, with net sales increasing by 6.9% to 299,237 million yen and a return to profitability, marking a stark improvement from the previous year’s losses. The company’s strong performance is reflected in its cash flow improvement and an increase in dividends, signaling a positive outlook and enhanced value for shareholders.
More about Nippon Electric Glass Co
Nippon Electric Glass Co., Ltd. operates in the glass manufacturing industry, primarily focusing on producing glass products for various applications. The company is listed on the Prime Market of the Tokyo Stock Exchange and is committed to advancing its market presence through innovation and quality.
YTD Price Performance: 8.97%
Average Trading Volume: 1,200
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.9B
Learn more about 5214 stock on TipRanks’ Stock Analysis page.
