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Kureha ( (JP:4023) ) has issued an update.
Kureha Corporation reported a discrepancy between its forecasted and actual financial results for the first half of FY2025. Despite a revenue shortfall due to weaker sales of PVDF in the Advanced Materials segment, the company exceeded its operating profit forecast due to increased equity earnings and deferred expenses. The overall profit before tax and attributable profit surpassed expectations, although the forecast for the fiscal year remains unchanged.
The most recent analyst rating on (JP:4023) stock is a Hold with a Yen3754.00 price target. To see the full list of analyst forecasts on Kureha stock, see the JP:4023 Stock Forecast page.
More about Kureha
Kureha Corporation operates in the advanced materials industry, focusing on products such as polyvinylidene fluoride (PVDF) used in lithium-ion battery binders.
Average Trading Volume: 447,033
Technical Sentiment Signal: Buy
Current Market Cap: Yen140.4B
Learn more about 4023 stock on TipRanks’ Stock Analysis page.