Daihen Corporation Reports Increased Sales but Decreased Profitability

Daihen Corporation ( (JP:6622) ) just unveiled an announcement.

Daihen Corporation reported a substantial increase in net sales by 22.5% to 155,825 million yen for the nine months ending December 31, 2024, compared to the same period in 2023. Despite this growth in sales and operating profits, the company saw a significant decrease in profit attributable to owners of the parent by 32.1% due to increased costs or other financial factors, highlighting a challenging period for maintaining profitability.

More about Daihen Corporation

Daihen Corporation is a company listed on the Tokyo and Fukuoka Stock Exchanges. It operates primarily in the manufacturing sector, focusing on products such as transformers and welding machines, and maintains a strategic market presence in these industries.

YTD Price Performance: -1.73%

Average Trading Volume: 137,240

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen184.3B

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