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Hakuhodo DY Holdings Reports Growth in Q3 FY2024 Amid Market Recovery
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Hakuhodo DY Holdings Reports Growth in Q3 FY2024 Amid Market Recovery

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Hakuhodo Dy Holdings ( (JP:2433) ) has shared an announcement.

Hakuhodo DY Holdings reported a positive financial performance in Q3 FY2024, with increased billings and revenue driven by a recovering Japanese advertising market and strategic business development aligned with its medium-term plan. Despite a challenging environment in North America and China, the company saw substantial growth in operating income and ordinary income, showing resilience and effective cost controls, although net income remained low, largely due to extraordinary losses.

More about Hakuhodo Dy Holdings

Hakuhodo DY Holdings Inc. operates in the advertising industry, providing a range of services such as TV, internet, and outdoor media advertising along with marketing and promotion projects. The company is focused on the Japanese domestic market and has a significant presence in overseas territories like ASEAN and Taiwan.

YTD Price Performance: 0.93%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.78B

Find detailed analytics on 2433 stock on TipRanks’ Stock Analysis page.

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