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Nittoc Construction Reports Decline in Financial Performance for 2024

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Nittoc Construction Reports Decline in Financial Performance for 2024

An announcement from Nittoc Construction Co., Ltd. ( (JP:1929) ) is now available.

Nittoc Construction Co., Ltd. reported a decline in their financial performance for the nine months ending December 31, 2024, with net sales decreasing by 9.3% and operating profit dropping by 34.2% compared to the previous year. The company also revised its financial forecast for the full year ending March 31, 2025, indicating a continued downward trend in key financial metrics, which could impact their market positioning and stakeholder confidence.

More about Nittoc Construction Co., Ltd.

Nittoc Construction Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily engaged in the construction industry. They focus on delivering various construction services and projects, contributing significantly to the infrastructure sector.

YTD Price Performance: 6.09%

Average Trading Volume: 62,459

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen44.34B

Find detailed analytics on 1929 stock on TipRanks’ Stock Analysis page.

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