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Daio Paper Corporation ( (JP:3880) ) has issued an update.
Daio Paper Corporation reported a slight decrease in net sales by 0.3% to ¥502,290 million for the nine months ending December 31, 2024, with significant declines in operating profit by 38.6% and ordinary profit by 34.7%. The company revised its full-year financial results forecast, anticipating a 1.2% increase in net sales but a decrease in operating profit and ordinary profit due to various market challenges. Stakeholders should note the company’s adjusted dividend forecasts, reflecting the current financial position and strategic adjustments.
More about Daio Paper Corporation
Daio Paper Corporation is a prominent player in the paper industry, primarily focusing on the production of paper, pulp, and related products. It is listed on the Tokyo Stock Exchange and serves a broad market with its diverse product offerings.
YTD Price Performance: 10.54%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €913.1M
See more insights into 3880 stock on TipRanks’ Stock Analysis page.
