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Kuraray Co ( (JP:3405) ) just unveiled an announcement.
Kuraray Co., Ltd. reported its consolidated financial results for the fiscal year ending December 31, 2024, highlighting a 5.9% increase in net sales to ¥826,895 million. Despite growth in operating and ordinary income, the company saw a decline in net income attributable to owners of the parent by 25.3% compared to the previous year. The results indicate a positive trend in sales and operational efficiency, but challenges remain in profitability, impacting shareholder returns.
More about Kuraray Co
Kuraray Co., Ltd. operates in the chemical industry, focusing on the production and development of high-performance resins, films, and fibers. They are listed on the Tokyo Stock Exchange and are known for their advanced materials used in a variety of applications including automotive, medical, and consumer goods.
YTD Price Performance: -0.52%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.39B
Learn more about 3405 stock on TipRanks’ Stock Analysis page.