tiprankstipranks
Company Announcements

Nitto Denko Reports Strong Financial Growth and Announces Stock Split

Story Highlights
Nitto Denko Reports Strong Financial Growth and Announces Stock Split

Discover the Best Stocks and Maximize Your Portfolio:

The latest announcement is out from Nitto Denko ( (JP:6988) ).

Nitto Denko Corporation reported significant financial growth for the nine months ended December 31, 2024, with a 12.2% increase in revenue and a 36.1% rise in operating profit compared to the previous year. The company also announced a stock split and adjusted its financial forecasts, indicating strong operational performance and a positive outlook for stakeholders.

More about Nitto Denko

Nitto Denko Corporation is a company listed on the Tokyo Stock Exchange, operating primarily in the production of industrial materials, including tapes and polymers, with a focus on global market expansion.

YTD Price Performance: 6.88%

Average Trading Volume: 4,240

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.14B

For detailed information about 6988 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1