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The latest announcement is out from NOF ( (JP:4403) ).
NOF Corporation reported its consolidated financial results for the nine months ending December 31, 2024. The company experienced a 6.9% increase in net sales compared to the previous year, reaching ¥171,170 million. Operating profit and ordinary profit also rose, reflecting a positive financial performance. However, comprehensive income saw a significant decline of 19.2%. The company completed a 3-for-1 share split in April 2024, impacting earnings per share calculations. Despite the challenges in comprehensive income, NOF Corporation’s equity-to-asset ratio improved to 79.6%, indicating a strong financial position. The company maintained its dividend forecast and announced no revisions to its earnings forecasts, projecting a steady performance for the fiscal year ending March 31, 2025.
More about NOF
NOF Corporation is a company listed on the Tokyo Stock Exchange, operating in industries related to chemical products. It provides a range of products and services within the chemical sector, focusing on innovation and addressing market needs.
YTD Price Performance: -3.39%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.22B
For detailed information about 4403 stock, go to TipRanks’ Stock Analysis page.
