SUMCO Corporation (JP:3436) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
SUMCO Corporation reported a decrease in financial performance for the first half of 2024, with net sales, operating profit, ordinary profit, and profit attributable to owners declining compared to the previous year. The company also revised its earnings forecasts downward for the nine-month period ending September 30, 2024. These results come despite the company’s efforts to prepare supplementary material and host briefings for institutional investors and security analysts.
For further insights into JP:3436 stock, check out TipRanks’ Stock Analysis page.