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The latest update is out from Daio Paper Corporation ( (JP:3880) ).
Daio Paper Corporation has revised its financial results forecast for the fiscal year ending March 31, 2025, noting a lower profit attributable to owners due to impairment losses in its Chinese operations. Consequently, the company has reduced its year-end dividend forecast, prioritizing shareholder returns while aiming to implement measures for business turnaround, such as cost reductions and asset sales.
More about Daio Paper Corporation
Daio Paper Corporation is a prominent player in the paper industry, primarily focusing on the production and sale of paper products. The company is known for its extensive range of offerings in the paper and pulp sector, catering to various market needs.
YTD Price Performance: 10.54%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €913.1M
For an in-depth examination of 3880 stock, go to TipRanks’ Stock Analysis page.