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Tokuyama Reports Q3 Fiscal 2024 Growth Driven by Semiconductors
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Tokuyama Reports Q3 Fiscal 2024 Growth Driven by Semiconductors

Story Highlights
  • Tokuyama saw increased net sales from strong semiconductor and dental product sales.
  • Operating profit rose due to lower coal prices, but chemical and cement forecasts were revised downward.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

The latest update is out from Tokuyama ( (JP:4043) ).

Tokuyama reported an increase in net sales for Q3 Fiscal 2024, driven by strong performance in semiconductor-related products and dental materials. The company’s operating profit rose due to decreased production costs from lower coal prices, and while semiconductor product growth exceeded expectations, forecasts for chemicals and cement sales were revised downward.

More about Tokuyama

Tokuyama Corporation operates in the chemical industry, specializing in products like semiconductor materials and dental materials, with a focus on advanced technological fields.

YTD Price Performance: 1.33%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.21B

For detailed information about 4043 stock, go to TipRanks’ Stock Analysis page.

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