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The latest announcement is out from NIPPON GAS Co ( (JP:8174) ).
Nippon Gas Co. reported a slight increase in net sales for the nine months ending December 31, 2024, despite experiencing a decline in operating and ordinary income compared to the previous year. The company’s comprehensive income decreased by 25.6%, reflecting challenges in maintaining profitability amidst a changing market environment. The equity ratio fell from 45.7% to 42.8% as of December 31, 2024. The company has not revised its financial results forecast for the fiscal year ending March 31, 2025, expecting moderate growth in net sales and significant increases in operating income and profit attributable to owners.
More about NIPPON GAS Co
Nippon Gas Co., Ltd., listed on the Tokyo Stock Exchange, operates in the energy industry. The company is primarily focused on the supply and distribution of gas and related energy services, with an emphasis on both residential and industrial markets.
YTD Price Performance: 0.76%
Average Trading Volume: 453
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.46B
Learn more about 8174 stock on TipRanks’ Stock Analysis page.
