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Kanadevia Corporation Reports Significant Profit Increase Despite Operational Challenges

Story Highlights
  • Kanadevia Corporation reported a significant profit increase over 30% for fiscal year 2025.
  • Operating and ordinary income decreased due to business challenges and foreign exchange losses.
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Kanadevia Corporation Reports Significant Profit Increase Despite Operational Challenges

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Hitachi Zosen Corporation ( (JP:7004) ) has shared an update.

Kanadevia Corporation has reported a significant change in its non-consolidated financial results for the fiscal year ending March 2025, with a notable over 30% increase in profit compared to the previous year. The company experienced a decrease in operating and ordinary income due to challenges in its Machinery & Infrastructure and Carbon Neutral Solution businesses, as well as foreign exchange losses. However, a reduction in tax expenses led to an increase in net income.

More about Hitachi Zosen Corporation

Average Trading Volume: 681,243

Technical Sentiment Signal: Buy

Current Market Cap: Yen158.4B

Find detailed analytics on 7004 stock on TipRanks’ Stock Analysis page.

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