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Seika Corporation Reports Strong Financial Performance and Revises Forecast

Story Highlights
  • Seika Corporation saw a 11.7% increase in net sales for nine months ending December 2024.
  • The company revised its dividend and financial forecasts, indicating confidence in growth.
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Seika Corporation Reports Strong Financial Performance and Revises Forecast

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Seika Corporation ( (JP:8061) ) just unveiled an update.

Seika Corporation reported a strong financial performance for the nine months ending December 31, 2024, with net sales increasing by 11.7% year-on-year. The company also saw substantial growth in its operating and ordinary profits, alongside a significant rise in profit attributable to owners of the parent. The financial results indicate a positive trend in Seika’s operational efficiency and market competitiveness. Furthermore, the company has revised its dividend forecast and financial results forecast for the fiscal year ending March 31, 2025, demonstrating confidence in sustained growth and increased shareholder returns.

More about Seika Corporation

Seika Corporation operates in the industrial sector, focusing on various products and services, with a significant market presence in Japan. The company is listed on the Tokyo Stock Exchange and is actively involved in providing industrial solutions and products.

YTD Price Performance: -4.74%

Average Trading Volume: 104,589

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen52.96B

See more insights into 8061 stock on TipRanks’ Stock Analysis page.

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