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Kyocera ( (JP:6971) ) has shared an announcement.
Kyocera Corporation reported a significant decline in its financial performance for the nine months ended December 31, 2024, with operating profit dropping by 84.6% and profit attributable to owners decreasing by 79.7% compared to the previous year. This downturn is attributed to a challenging market environment and operational adjustments, including a recent stock split. Despite these challenges, the company maintains a strong equity position with a high ratio of equity to total assets, indicating resilience in its financial structure.
More about Kyocera
Kyocera Corporation is a diversified Japanese multinational company that operates primarily in the fields of ceramics, electronics, and telecommunications equipment. The company is known for its wide range of products, including semiconductor components, connectors, solar power generating systems, and office document equipment. Kyocera focuses on innovation and sustainability in its market offerings.
YTD Price Performance: 6.13%
Average Trading Volume: 751
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.62B
See more data about 6971 stock on TipRanks’ Stock Analysis page.
