Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Harima Chemicals Group, Inc. ( (JP:4410) ) has provided an update.
Harima Chemicals Group, Inc. reported a significant discrepancy between its forecasted and actual consolidated results for fiscal 2024, with decreases in net sales, operating income, ordinary income, and net income attributable to the company. The decline was attributed to lower sales in the Lawter business due to reduced selling prices, increased raw material costs in the Electronic Materials sector, and higher overseas interest expenses. Additionally, an extraordinary loss was recorded due to an impairment of assets in its New Zealand subsidiary, impacting the company’s financial performance.
More about Harima Chemicals Group, Inc.
Harima Chemicals Group, Inc. operates in the chemical industry, focusing on products such as electronic materials and specialty chemicals. The company is listed on the Tokyo Stock Exchange Prime Market and has a market focus that includes the Lawter and Electronic Materials businesses.
YTD Price Performance: -4.92%
Average Trading Volume: 16,986
Technical Sentiment Signal: Buy
Current Market Cap: Yen20.59B
For detailed information about 4410 stock, go to TipRanks’ Stock Analysis page.