tiprankstipranks
Company Announcements

IHI Corporation Reports Strong Financial Recovery in 2024

Story Highlights
IHI Corporation Reports Strong Financial Recovery in 2024

Discover the Best Stocks and Maximize Your Portfolio:

IHI ( (JP:7013) ) has shared an update.

IHI Corporation reported a significant financial turnaround for the nine months ending December 31, 2024, with a 32.7% increase in revenue compared to the same period in 2023. The company demonstrated substantial profitability improvements, indicating robust operational performance and a positive outlook for stakeholders, despite previously recorded losses.

More about IHI

IHI Corporation is a Japanese company listed on the Prime Market of the Tokyo Stock Exchange, primarily engaged in providing industrial machinery and infrastructure solutions. The company focuses on sectors such as aerospace, energy, and social infrastructure, catering to diverse market needs with a global outreach.

YTD Price Performance: 7.70%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.5B

For a thorough assessment of 7013 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1