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Tadano Ltd. Reports 2024 Financial Results with Increased Sales Amid Profit Decline

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Tadano Ltd. Reports 2024 Financial Results with Increased Sales Amid Profit Decline

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An announcement from TADANO ( (JP:6395) ) is now available.

Tadano Ltd. reported its consolidated financial results for the fiscal year ending December 31, 2024, showing net sales of 291,500 million yen, a 4% increase from the previous year. Despite the rise in operating profit by 29.6%, the company experienced a 14.5% drop in profit attributable to owners of the parent, highlighting challenges in profitability. The company’s assets and equity showed growth, and the annual dividend per share increased to 23 yen. These results indicate Tadano’s strategic adjustments in response to industry dynamics, impacting its market position and shareholder returns.

More about TADANO

Tadano Ltd. is a company listed on the Tokyo Stock Exchange, known for manufacturing and selling cranes and lifting equipment. It focuses on providing industrial machinery and contributing to the construction and manufacturing industries.

YTD Price Performance: -1.44%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €871.1M

Find detailed analytics on 6395 stock on TipRanks’ Stock Analysis page.

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