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Konica Minolta ( (JP:4902) ) has provided an announcement.
Konica Minolta reported its consolidated financial results for the nine months ending December 31, 2024, revealing a revenue increase of 3.5% year-on-year to 831,840 million yen. Despite this rise, the company experienced a significant loss, with an operating loss of 18,458 million yen and a profit attributable to owners of the company showing a deficit of 13,399 million yen. This downturn was partly due to the classification of the Precision Medicine Business as a discontinued operation, affecting the financial overview. The equity ratio remained relatively stable at 38.7% as of December 31, 2024, indicating a steady financial position amid operational challenges.
More about Konica Minolta
Konica Minolta, Inc. operates in the technology industry and is renowned for offering innovative solutions in imaging, printing, and optical products. The company focuses on providing services and products that cater to various sectors, including healthcare, business solutions, and optical systems, aiming to enhance operational efficiency and productivity for its customers.
YTD Price Performance: -6.37%
Average Trading Volume: 2,278
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.94B
See more data about 4902 stock on TipRanks’ Stock Analysis page.
