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OSAKA STEEL CO., LTD. ( (JP:5449) ) has shared an update.
Osaka Steel Co., Ltd. reported its consolidated financial results for fiscal 2024, showing a slight decrease in net sales by 0.6% to ¥116,424 million. Despite this, the company achieved a 3.4% increase in profit attributable to owners of the parent, amounting to ¥3,227 million. The company also announced an increase in dividends per share from ¥24.50 in fiscal 2023 to ¥34.00 in fiscal 2024, reflecting a higher ratio of cash dividends to net income. Looking ahead, the company forecasts a 3.0% increase in net sales for fiscal 2025, although it anticipates a significant decrease in profits.
More about OSAKA STEEL CO., LTD.
Osaka Steel Co., Ltd. operates in the steel industry and is listed on the Tokyo and Fukuoka Stock Exchanges. The company specializes in the production and distribution of steel products, catering to various market needs.
YTD Price Performance: -8.16%
Average Trading Volume: 81,098
Technical Sentiment Signal: Sell
Current Market Cap: Yen104.9B
See more insights into 5449 stock on TipRanks’ Stock Analysis page.