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ENEOS Holdings Reports Fiscal Year 2024 Results and Optimistic 2025 Outlook

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ENEOS Holdings ( (JP:5020) ) has issued an update.

ENEOS Holdings reported its consolidated financial results for the fiscal year 2024, showing a slight decrease in revenue and significant drops in operating profit and profit before tax compared to the previous year. The company has classified its Metals Business as discontinued operations, impacting its financial figures. Despite these challenges, ENEOS plans to increase its dividend payout and forecasts a substantial recovery in operating profit for fiscal year 2025, indicating a strategic focus on improving profitability and shareholder returns.

More about ENEOS Holdings

ENEOS Holdings, Inc. is a major player in the energy sector, primarily involved in oil and gas exploration, refining, and marketing. The company is listed on the Tokyo and Nagoya Stock Exchanges and focuses on delivering energy solutions while adapting to market changes.

YTD Price Performance: -12.46%

Average Trading Volume: 12,618,543

Technical Sentiment Signal: Buy

Current Market Cap: Yen1923.1B

For an in-depth examination of 5020 stock, go to TipRanks’ Stock Analysis page.

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