Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from GS Yuasa ( (JP:6674) ) is now available.
GS Yuasa reported a 3.7% increase in net sales to ¥426,815 million for the nine months ending December 31, 2024, with an 8.2% rise in operating profit. Despite a slight decrease in ordinary profit, the company’s financial position remains stable, as indicated by a modest increase in total assets and equity ratio. The earnings forecast for the fiscal year ending March 31, 2025, includes revised expectations, projecting a 4.8% rise in net sales and a 13% increase in operating profit, though profit attributable to owners is expected to decline by 15.8%. The financial performance highlights GS Yuasa’s resilience amidst market fluctuations, maintaining its industry position while navigating challenges.
More about GS Yuasa
GS Yuasa Corporation operates in the energy sector, focusing on the production and development of batteries and power supply systems. The company is a key player in the global market for energy storage solutions, supplying products for automotive, industrial, and specialty applications.
YTD Price Performance: -9.03%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.51B
Learn more about 6674 stock on TipRanks’ Stock Analysis page.