TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Mitsui E&S Holdings Co ( (JP:7003) ) has issued an announcement.
Mitsui E&S Co., Ltd. has revised its full-year financial forecast for FY2024, primarily increasing its expectations for ordinary income and profit attributable to owners of the parent. This adjustment is due to anticipated increases in profits from equity-method entities and reduced financial expenses. The operating income forecast remains unchanged, despite variations within different business segments. The revision is expected to positively impact the company’s financial performance, highlighting a strategic focus on improving profitability through efficient financial management.
More about Mitsui E&S Holdings Co
Mitsui E&S Co., Ltd. operates primarily in the engineering and machinery sector, focusing on marine propulsion systems, logistics systems, and peripheral businesses. The company is noted for its involvement in new business development and ocean development through affiliated entities.
YTD Price Performance: -11.60%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.06B
For detailed information about 7003 stock, go to TipRanks’ Stock Analysis page.