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
HOKUETSU INDUSTRIES CO., LTD. ( (JP:6364) ) has provided an update.
Hokuetsu Industries reported a 3.6% increase in net sales for the nine months ending December 2024, despite a 15.3% decline in operating profit. The company’s comprehensive income decreased by 7.1% year-on-year, although there was a slight improvement in profit attributable to owners, reflecting resilient company performance amidst challenges. The firm’s equity-to-asset ratio slightly declined to 64.8%, while the earnings forecast for the fiscal year ending March 2025 remains optimistic with expected growth in net sales and operating profit.
More about HOKUETSU INDUSTRIES CO., LTD.
Hokuetsu Industries Co., Ltd. operates within the industrial sector and is listed on the Tokyo Stock Exchange. The company is known for its production of machinery, focusing on products that meet the demands of various industrial markets.
YTD Price Performance: 11.78%
Average Trading Volume: 26,808
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen58.52B
Learn more about 6364 stock on TipRanks’ Stock Analysis page.