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KEL Corporation Reports Decline in Financial Performance for 2024

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KEL Corporation Reports Decline in Financial Performance for 2024

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KEL Corporation ( (JP:6919) ) has issued an announcement.

KEL Corporation reported a decline in its financial performance for the nine months ended December 31, 2024, with net sales dropping by 3.9% and operating profit down by 49.5% compared to the previous year. The company also revised its forecast for the fiscal year ending March 31, 2025, indicating expected decreases in net sales, operating profit, and profit attributable to owners of the parent, reflecting ongoing challenges in the market.

More about KEL Corporation

KEL Corporation operates in the technology sector, focusing on providing electronic components and related services. The company is listed on the Tokyo Stock Exchange and is known for its expertise in producing high-quality electronic connectors and systems.

YTD Price Performance: 7.18%

Average Trading Volume: 27,223

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen10.2B

For an in-depth examination of 6919 stock, go to TipRanks’ Stock Analysis page.

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