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An announcement from Fujitec Co., Ltd. ( (JP:6406) ) is now available.
Fujitec Co., Ltd. announced record-breaking results for the third quarter of FY2024, with significant growth in orders, net sales, and operating income across Japan, South Asia, and The Americas & Europe. Despite a revision of its FY2024 earnings forecast due to a sluggish Chinese market, the company expects to achieve new sales and operating income records, although net income will fall short due to special costs and deferred tax assets reductions.
More about Fujitec Co., Ltd.
Fujitec Co., Ltd. operates in the elevator and escalator industry, focusing on providing new installation and aftermarket services across various regions, including Japan, South Asia, The Americas, and Europe.
YTD Price Performance: -3.86%
Average Trading Volume: 167,338
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen448.3B
Learn more about 6406 stock on TipRanks’ Stock Analysis page.