Nippon Carbon Reports Stable Financial Performance with Modest Growth Outlook

The latest announcement is out from Nippon Carbon Co ( (JP:5302) ).

Nippon Carbon Co., Ltd. reported its consolidated financial results for the fiscal year ended December 31, 2024, showing a slight increase in net sales by 0.2% to ¥37,956 million. However, operating and ordinary profits decreased by 3.9% and 5.9% respectively, while profit attributable to owners of parent rose marginally by 0.7%. The company maintained its annual dividend at ¥200 per share, reflecting a stable payout ratio. The financial outlook for 2025 anticipates a 5.4% increase in net sales, with modest growth in operating and ordinary profits, indicating a cautious yet optimistic outlook for the coming year.

More about Nippon Carbon Co

Nippon Carbon Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the carbon industry. The company focuses on producing carbon-based products and materials, serving various industrial sectors.

YTD Price Performance: -1.38%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $299.9M

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