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NTN ( (JP:6472) ) has provided an announcement.
NTN Corporation’s financial results for the nine months ending December 31, 2024, indicate a challenging period with a slight decline in net sales and a more notable decrease in operating and ordinary income. The company reported a loss attributable to the owners of the parent, reflecting operational challenges amidst market fluctuations. Total assets decreased slightly compared to earlier in the year, and the company maintained stable dividend forecasts despite financial setbacks. These results may impact NTN’s positioning in the industry and have implications for its stakeholders.
More about NTN
NTN Corporation operates in the manufacturing industry, primarily providing bearings which are essential components in machinery across various sectors. The company is listed on the Tokyo Stock Exchange and focuses on delivering precision machinery and components that enhance performance and efficiency.
YTD Price Performance: 0%
Average Trading Volume: 395
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €831M
For an in-depth examination of 6472 stock, go to TipRanks’ Stock Analysis page.
