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Meidensha Corporation ( (JP:6508) ) has issued an update.
Meidensha Corporation reported a 3.9% increase in net sales for the quarter ending December 2024 compared to the previous year, alongside a significant rise in profit attributable to owners of the parent by 261.3%. The financial results indicate a solid financial position with a slight increase in net assets and a capital adequacy ratio of 38.3%, suggesting stability and potential positive implications for stakeholders.
More about Meidensha Corporation
Meidensha Corporation operates in the general business sector, with listings on the Tokyo and Nagoya stock exchanges. The company focuses on providing a range of industrial and engineering products and services.
YTD Price Performance: -11.36%
Average Trading Volume: 71
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.07B
For a thorough assessment of 6508 stock, go to TipRanks’ Stock Analysis page.