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OKI Electric Industry Company ( (JP:6703) ) just unveiled an update.
Oki Electric Industry Co., Ltd. reported a 7.1% increase in net sales for the first nine months ending December 31, 2024, compared to the previous year. Despite an increase in operating and ordinary income, there was a slight decline in profit attributable to owners of the parent. The company has also revised its financial projections for the full fiscal year ending March 31, 2025, highlighting a decrease in expected profit attributable to owners of the parent by 63% from the previous year. No significant changes were made in the scope of consolidation or accounting policies.
More about OKI Electric Industry Company
Oki Electric Industry Co., Ltd. is a company listed on the Tokyo Stock Exchange and operates in the electronics industry. They are known for providing a range of electronic products and services, with a focus on innovative solutions in telecommunications and information systems.
YTD Price Performance: -7.97%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $537.2M
See more insights into 6703 stock on TipRanks’ Stock Analysis page.
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