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Hoshizaki Corporation Reports Strong Financial Growth and Strategic Expansion in 2024

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Hoshizaki Corporation Reports Strong Financial Growth and Strategic Expansion in 2024

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HOSHIZAKI ( (JP:6465) ) has shared an announcement.

Hoshizaki Corporation reported significant growth in its financial results for the year ended December 31, 2024, with a 19.3% increase in net sales and a 13.2% rise in profit attributable to owners of the parent. The company also expanded its scope of consolidation by including new entities, indicating a strategic move to strengthen its market position. Going forward, Hoshizaki forecasts moderate growth in 2025, with a focus on maintaining profitability and shareholder value through dividend payments and treasury share acquisition.

More about HOSHIZAKI

Hoshizaki Corporation operates in the manufacturing industry, primarily focusing on producing commercial kitchen equipment such as ice machines and refrigerators. The company is listed on the Tokyo and Nagoya Stock Exchanges and serves a global market with a strong presence in the food service industry.

YTD Price Performance: -4.83%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $5.36B

For an in-depth examination of 6465 stock, go to TipRanks’ Stock Analysis page.

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