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Tokyo Electron Device Limited ( (JP:2760) ) has issued an update.
Tokyo Electron Device Limited reported a decline in its consolidated financial results for the nine months ending December 31, 2024, with net sales decreasing by 9.8% and net income attributable to owners of the parent falling by 21.2% compared to the previous year. Despite the downturn, the company’s equity ratio increased slightly, indicating a minor strengthening in financial stability, but the reduced financial performance may impact stakeholders’ confidence and market positioning.
More about Tokyo Electron Device Limited
Tokyo Electron Device Limited operates in the electronics industry, primarily focusing on the development and sale of electronic devices and semiconductor products. The company is listed on the Tokyo Stock Exchange and is led by CEO Atsushi Tokushige.
YTD Price Performance: 3.27%
Average Trading Volume: 156,723
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen97.08B
See more insights into 2760 stock on TipRanks’ Stock Analysis page.
