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MEC Company Ltd. ( (JP:4971) ) just unveiled an announcement.
MEC Company Ltd. reported strong financial results for the fiscal year ended December 31, 2024, with net sales increasing by 30.1% and operating income rising by 83.0% compared to the previous year. However, the profit attributable to owners of the parent declined slightly by 0.6%. The company’s financial position strengthened with an increase in total assets and net assets, though the equity-to-asset ratio decreased. Cash flow from operating activities showed a significant improvement, emphasizing the company’s robust operational performance. The company also announced a dividend payment plan, highlighting its commitment to returning value to shareholders.
More about MEC Company Ltd.
MEC Company Ltd. operates in the electronics industry and is listed on the Tokyo Stock Exchange. The company is engaged in the development and manufacturing of chemicals used in electronics, with a focus on enhancing production efficiency and product performance.
YTD Price Performance: -22.97%
Average Trading Volume: 122,166
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen51.16B
For a thorough assessment of 4971 stock, go to TipRanks’ Stock Analysis page.