Nitto Denko (JP:6988) has released an update.
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Nitto Denko Corporation reported a robust first-quarter performance for 2024, with revenue and profits significantly higher than the previous year. Basic earnings per share more than doubled compared to the same period in 2023. Additionally, the company has announced a stock split effective October 2024 and maintains a positive outlook with an upward revision of its consolidated forecast for the fiscal year ending March 2025.
For further insights into JP:6988 stock, check out TipRanks’ Stock Analysis page.
