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An update from Hirata ( (JP:6258) ) is now available.
Hirata Corporation reported a slight increase in net sales for the nine months ending December 31, 2024, compared to the previous year, but experienced a significant decline in profits. The company’s operating profit fell by 20.5%, ordinary profit by 26.2%, and profit attributable to owners of the parent by 36.7%. The equity-to-asset ratio improved slightly to 50.3%. Despite the drop in profits, Hirata plans to increase its annual dividend, illustrating a commitment to returning value to shareholders amidst challenging financial results.
More about Hirata
Hirata Corporation operates in the manufacturing industry and is listed on the Tokyo Stock Exchange. The company specializes in producing industrial machinery and systems, focusing on automation technology for various sectors.
YTD Price Performance: 3.07%
Average Trading Volume: 20
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €355.8M
For detailed information about 6258 stock, go to TipRanks’ Stock Analysis page.
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