tiprankstipranks
Trending News
More News >

Diamond Electric Revises Earnings Forecast Amid Currency Losses

Diamond Electric Revises Earnings Forecast Amid Currency Losses

Diamond Electric Holdings Co., Ltd. (JP:6699) has released an update.

Confident Investing Starts Here:

Diamond Electric Holdings Co., Ltd. reported foreign exchange losses leading to a revision of its full-year earnings forecast for FY 2025. Despite efforts to boost operating profit through cost reductions, the company’s overall financial outlook has been downgraded due to market slowdowns and postponed product launches. These factors have significantly impacted net sales and ordinary profit projections.

For further insights into JP:6699 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1