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Tokyo Electron ( (JP:8035) ) just unveiled an update.
Tokyo Electron Limited reported its consolidated financial results for the nine months ending December 31, 2024, showing significant growth in net sales and income compared to the previous fiscal year. The company achieved a 22.3% increase in net sales and a substantial rise in operating and ordinary income, indicating strong operational performance. The financial forecast for the year ending March 31, 2025, projects continued growth with expectations of a 31.1% increase in net sales and an improvement in net income attributable to owners, reflecting Tokyo Electron’s strong market positioning and effective strategic initiatives.
More about Tokyo Electron
Tokyo Electron Limited is a leading company in the semiconductor manufacturing equipment industry. It specializes in the development, production, and sale of products used in the production of semiconductors and flat panel displays, targeting a global market with a focus on innovation and technology advancement.
YTD Price Performance: 9.29%
Average Trading Volume: 1,716
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $78.6B
Learn more about 8035 stock on TipRanks’ Stock Analysis page.
