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Daido Metal Co. Reports Solid Performance for Q3 2024

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Daido Metal Co. Reports Solid Performance for Q3 2024

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Daido Metal Co., Ltd. ( (JP:7245) ) just unveiled an announcement.

Daido Metal Co., Ltd. reported consolidated financial results for the nine months ended December 31, 2024, showing an increase in net sales by 2.5% to 99,441 million yen, with a marked improvement in profit attributable to owners of the parent, which rose by 57.9% year-on-year. The announcement reflects the company’s stable financial position with a slight increase in total assets, and no changes in consolidation scope or accounting policies, implying steady operational management and a positive fiscal outlook.

More about Daido Metal Co., Ltd.

Daido Metal Co., Ltd. is a company listed on the Tokyo and Nagoya stock exchanges, known for its contributions within the metal industry, particularly focusing on manufacturing products likely related to its sector.

YTD Price Performance: -2.00%

Average Trading Volume: 1,189

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €146.7M

Find detailed analytics on 7245 stock on TipRanks’ Stock Analysis page.

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