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An update from Nippon Denko Co., Ltd. ( (JP:5563) ) is now available.
Nippon Denko Co., Ltd. reported its consolidated financial results for the year ending December 31, 2024, revealing a slight decline in net sales by 0.2% compared to the previous year. Despite this, the company achieved a significant increase in operating profit by 46% and ordinary profit by 100.8%. The company’s commitment to enhancing shareholder value is evident with an increase in dividends per share from 9.00 yen in 2023 to 11.00 yen in 2024. However, the company continues to face challenges, as reflected in the 27.4% decline in profit attributable to owners. The announcement highlights a cautious outlook for 2025, with no specific financial forecasts released due to uncertainties.
More about Nippon Denko Co., Ltd.
Nippon Denko Co., Ltd. operates in the industrial sector and is listed on the Tokyo Stock Exchange. The company is known for producing and supplying ferroalloys, industrial chemicals, and environmental materials, aiming to support various industrial applications.
YTD Price Performance: 4.17%
Average Trading Volume: 7
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €241.4M
See more insights into 5563 stock on TipRanks’ Stock Analysis page.