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Nitto Denko Reports Strong Financial Growth and Announces Stock Split

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Nitto Denko Reports Strong Financial Growth and Announces Stock Split

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.

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