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Kandenko Co., Ltd. Reports Robust Growth in Financial Performance
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Kandenko Co., Ltd. Reports Robust Growth in Financial Performance

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Kandenko Co., Ltd. ( (JP:1942) ) has provided an announcement.

Kandenko Co., Ltd. reported significant growth in its consolidated financial results for the nine months ending December 31, 2024, with net sales reaching 455,492 million yen, marking a 12.9% increase from the previous year. The company also revised its earnings and dividend forecasts upward, reflecting strong performance indicators such as a 68.2% increase in operating profit and a 59.1% rise in profit attributable to owners of the parent, suggesting a positive outlook for stakeholders and reinforcing its market position.

More about Kandenko Co., Ltd.

Kandenko Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the electrical and construction industries. It provides a range of services related to electrical work, facility construction, and maintenance, focusing on enhancing infrastructure and energy efficiency.

YTD Price Performance: -3.60%

Average Trading Volume: 128

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.81B

See more insights into 1942 stock on TipRanks’ Stock Analysis page.

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