tiprankstipranks
Trending News
More News >

Mitsui Chemicals Reports 5% Increase in FY2024 Operating Income

Story Highlights

Protect Your Portfolio Against Market Uncertainty

Mitsui Chemicals ( (JP:4183) ) has provided an announcement.

Mitsui Chemicals reported a 5% increase in operating income before special items for FY2024, reaching 101.0 billion yen, driven by growth in specialty chemicals and successful sales price revisions in basic materials. Despite challenges such as an ethylene plant failure in Osaka, the company managed to offset losses through strategic business restructuring, indicating a strong market position and resilience.

The most recent analyst rating on (JP:4183) stock is a Sell with a Yen3650.00 price target. To see the full list of analyst forecasts on Mitsui Chemicals stock, see the JP:4183 Stock Forecast page.

More about Mitsui Chemicals

Mitsui Chemicals, Inc. operates in the chemical industry, focusing on specialty chemicals and basic & green materials. The company is known for its innovative solutions in chemical manufacturing, catering to various market demands.

Average Trading Volume: 1,359,985

Technical Sentiment Signal: Sell

Current Market Cap: Yen612.6B

See more insights into 4183 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App