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Sakata Inx Reports 2024 Financial Results with Increased Sales and Income

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Sakata Inx Reports 2024 Financial Results with Increased Sales and Income

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Sakata Inx Corp. ( (JP:4633) ) just unveiled an announcement.

Sakata Inx Corporation reported its consolidated financial results for the fiscal year ending December 31, 2024, showcasing a 7.5% increase in net sales to 245,570 million yen. The company also achieved a 15% rise in operating income, although ordinary income decreased by 5.4%. Notably, net income attributable to owners of the parent saw a significant increase of 20.6%, reaching 9,006 million yen. Additionally, dividends were increased, reflecting a robust financial performance. The company also announced changes in its subsidiary structure, with the addition of INX International Coatings and Adhesives Co. and the exclusion of MAOMING SAKATA INX CO., LTD., alongside adjustments in accounting policies.

More about Sakata Inx Corp.

Sakata Inx Corporation is a company listed on the Tokyo Stock Exchange, focused on the production and sales of inks and coatings, catering to various industrial applications. The company is known for its diverse portfolio of products, which includes packaging inks, publishing inks, and functional coatings, and it serves a wide range of market sectors.

YTD Price Performance: 2.87%

Average Trading Volume: 165,798

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen89.71B

For a thorough assessment of 4633 stock, go to TipRanks’ Stock Analysis page.

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