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Maruichi Steel Tube Ltd. ( (JP:5463) ) has shared an announcement.
Maruichi Steel Tube Ltd. reported a decline in net sales and profits for the nine months ending December 31, 2024, compared to the previous year, with significant drops in both operating and ordinary profits. Despite these challenges, the company maintains a strong capital adequacy ratio and has revised its financial forecast for the fiscal year ending March 31, 2025, indicating potential recovery and stability in its financial position.
More about Maruichi Steel Tube Ltd.
Maruichi Steel Tube Ltd., listed on the Tokyo Stock Exchange, operates in the steel industry, producing high-quality steel tubes, pipes, and other metal products. The company focuses on providing solutions for construction and industrial applications, leveraging advanced manufacturing techniques to meet market demands.
YTD Price Performance: -0.83%
Average Trading Volume: 125,190
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen249.4B
Learn more about 5463 stock on TipRanks’ Stock Analysis page.
