SUMCO Corporation (JP:3436) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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.