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Seiko Electric Co., Ltd. ( (JP:6653) ) just unveiled an update.
Seiko Electric Co., Ltd. reported a significant financial performance for the fiscal year ended December 31, 2024, with a 7.5% increase in net sales to ¥29,099 million and a remarkable 24.2% rise in operating profit to ¥2,016 million. The company’s equity-to-asset ratio improved from 45.9% to 52.4%, reflecting a strong financial position. Additionally, the board announced a dividend increase, indicating confidence in future growth prospects.
More about Seiko Electric Co., Ltd.
Seiko Electric Co., Ltd. is a company listed on the Tokyo and Fukuoka stock exchanges, identified by the securities code 6653. The company operates in the electronics industry, focusing on the development and production of electric and electronic components.
YTD Price Performance: 2.94%
Average Trading Volume: 68,478
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen15.67B
Learn more about 6653 stock on TipRanks’ Stock Analysis page.
