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Asahi Kasei ( (JP:3407) ) has shared an announcement.
Asahi Kasei’s Q3 2024 results show an increase in operating income across all segments, driven by strong demand in the semiconductor and electronics markets. The company is continuing its business transformation, particularly in the petrochemical sector, and is investing in growth areas with a focus on profitability. The operating income forecast for FY 2024 has been revised upward due to robust performance in digital solutions and pharmaceuticals, and a weaker yen, while maintaining a dividend forecast of ¥36 per share.
More about Asahi Kasei
Asahi Kasei Corporation operates within the diversified chemical industry, offering a wide range of products including materials for semiconductors and electronics, housing solutions, and healthcare products. The company focuses on leveraging advancements in AI and high-end technology markets, as well as expanding its digital solutions and pharmaceutical segments.
YTD Price Performance: -3.49%
Average Trading Volume: 920
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.13B
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