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Mitsubishi Paper Mills Reports Decline in Sales and Income, Revises Forecasts

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Mitsubishi Paper Mills Reports Decline in Sales and Income, Revises Forecasts

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The latest announcement is out from Mitsubishi Paper Mills ( (JP:3864) ).

Mitsubishi Paper Mills Limited has reported a decrease in net sales and operating income for the first nine months of fiscal year 2024, compared to the same period in the previous year. The company has revised its financial forecasts and dividend plans, indicating an ongoing effort to manage the financial challenges and adjust to market conditions, as well as significant changes in the scope of consolidation.

More about Mitsubishi Paper Mills

Mitsubishi Paper Mills Limited operates in the paper industry, primarily focusing on the production and sale of paper products. The company is listed on the Tokyo Stock Exchange and is led by President and CEO Ryuichi Kisaka.

YTD Price Performance: 14.88%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €176.9M

See more insights into 3864 stock on TipRanks’ Stock Analysis page.

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