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Furukawa Electric Co ( (JP:5801) ) has issued an announcement.
Furukawa Electric Co., Ltd. reported a significant financial turnaround for the first nine months of the fiscal year ending March 31, 2025, with net sales increasing by 15.3% year-on-year to 882,015 million yen and a profit of 16,360 million yen, marking a recovery from a loss in the previous year. The company also revised its full-year earnings forecast upward, projecting net sales to reach 1,190,000 million yen, alongside a substantial increase in dividends, demonstrating improved financial stability and an optimistic outlook for stakeholders.
More about Furukawa Electric Co
Furukawa Electric Co., Ltd. is a company listed on the Tokyo Stock Exchange, specializing in the manufacturing and distribution of electronic components and related technologies. Its market focus includes sectors such as telecommunications, energy, and automotive industries.
YTD Price Performance: 18.44%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.47B
Learn more about 5801 stock on TipRanks’ Stock Analysis page.
