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Nippon Kinzoku Reports Nine-Month Financial Results Amid Ongoing Losses

Story Highlights
  • Nippon Kinzoku saw a 2.8% increase in net sales but reported a loss of 382 million yen.
  • The company anticipates continued operating losses despite a stable financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nippon Kinzoku Reports Nine-Month Financial Results Amid Ongoing Losses

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Nippon Kinzoku Co., Ltd. ( (JP:5491) ) has provided an update.

Nippon Kinzoku Co., Ltd. reported its consolidated financial results for the nine months ended December 31, 2024, showing a slight increase in net sales by 2.8% compared to the previous year, reaching 38,978 million yen. Despite this, the company posted a loss of 382 million yen attributable to owners of the parent, continuing to operate at a loss similar to the previous period. The equity ratio improved slightly to 37.6%, indicating a stable financial position, but the company did not declare any dividends. The forecast for the full fiscal year ending March 31, 2025, predicts a modest increase in net sales but an expected continuation of operating losses.

More about Nippon Kinzoku Co., Ltd.

Nippon Kinzoku Co., Ltd. operates in the metal industry and is listed on the Tokyo Stock Exchange. The company is involved in the production and sale of metal products, catering to a variety of market needs.

YTD Price Performance: 0.32%

Average Trading Volume: 18,930

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen4.22B

See more data about 5491 stock on TipRanks’ Stock Analysis page.

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