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Hokuriku Electric Industry Co., Ltd. ( (JP:6989) ) has issued an update.
Hokuriku Electric Industry Co., Ltd. reported its quarterly financial results, indicating a modest increase in net sales by 3.1% to ¥32,273 million compared to the previous year. Despite an increase in operating profit by 6.1%, the company experienced a decline in profit attributable to owners of the parent by 16.4%, reflecting challenges in sustaining net income growth amidst market fluctuations.
More about Hokuriku Electric Industry Co., Ltd.
Hokuriku Electric Industry Co., Ltd. operates within the general business category and is listed on the Tokyo Standard market. The company is primarily involved in the electric industry, focusing on the development and provision of electric-related products and services.
YTD Price Performance: -2.04%
Average Trading Volume: 36,630
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen11.99B
For detailed information about 6989 stock, go to TipRanks’ Stock Analysis page.