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An announcement from TENMA ( (JP:7958) ) is now available.
TENMA Corporation reported its consolidated financial results for the nine months ending December 31, 2024, showing a 7.4% increase in net sales to ¥76,051 million. Despite a decline in ordinary profit by 33% year-on-year, the company achieved a 28.3% rise in operating profit and a 19.9% increase in profit attributable to owners of the parent. The financial outlook for the full fiscal year ending March 31, 2025, projects a 7.6% increase in net sales and a significant 61.6% rise in operating profit, despite a forecasted decrease in ordinary profit. The company has also undertaken the acquisition of treasury shares, impacting its earnings per share calculations.
More about TENMA
TENMA Corporation is a company listed on the Tokyo Stock Exchange, primarily operating within the manufacturing sector. The company is engaged in producing a diverse range of products, with a strong focus on innovation to maintain its competitive edge in the market.
YTD Price Performance: -7.81%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $327.6M
For a thorough assessment of 7958 stock, go to TipRanks’ Stock Analysis page.
