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Kanto Denka Kogyo Reports Mixed Financial Performance Amid Market Challenges

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Kanto Denka Kogyo Reports Mixed Financial Performance Amid Market Challenges

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Kanto Denka Kogyo Co., Ltd. ( (JP:4047) ) has provided an update.

Kanto Denka Kogyo Co., Ltd. reported a decline in net sales by 5% for the nine months ending December 31, 2024, compared to the previous year, yet achieved a significant increase in profit attributable to owners of the parent by 726.5%. The company projects a 2.1% decrease in net sales for the full fiscal year ending March 31, 2025, indicating ongoing market challenges, but anticipates improvements in profitability, reflecting strategic operational adjustments.

More about Kanto Denka Kogyo Co., Ltd.

Kanto Denka Kogyo Co., Ltd. operates in the chemical industry, focusing on producing and supplying specialty chemicals. The company is listed on the Tokyo Stock Exchange and is known for its innovative chemical products and solutions, with a market focus on high-tech applications.

YTD Price Performance: -1.54%

Average Trading Volume: 225,972

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen55.26B

For detailed information about 4047 stock, go to TipRanks’ Stock Analysis page.

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