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Nippon Tungsten Reports Strong Financial Growth Amid Stock Split

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Nippon Tungsten Reports Strong Financial Growth Amid Stock Split

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An update from Nippon Tungsten Co., Ltd. ( (JP:6998) ) is now available.

Nippon Tungsten Co., Ltd. reported significant financial improvements for the nine months ending December 31, 2024, with net sales increasing by 11.4% to ¥9,331 million, and operating profit surging by 44.7% to ¥554 million. These results underscore the company’s robust performance amidst strategic adjustments, including a 2-for-1 stock split, which may enhance shareholder value and market positioning.

More about Nippon Tungsten Co., Ltd.

Nippon Tungsten Co., Ltd. operates in the manufacturing sector, primarily dealing in tungsten products. The company is listed on the Tokyo and Fukuoka stock exchanges, indicating its focus on both domestic and international markets.

YTD Price Performance: 1.97%

Average Trading Volume: 10,723

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen6.21B

See more insights into 6998 stock on TipRanks’ Stock Analysis page.

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