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The latest announcement is out from Pacific Metals Co., Ltd. ( (JP:5541) ).
Pacific Metals Co., Ltd. has announced a reversal of inventory write-downs and an increase in non-operating income due to strong performance in the Philippines, leading to a revised financial forecast for the fiscal year ending March 31, 2025. Despite challenges such as high procurement costs and a stagnant real estate market in China, the company is adjusting its strategy under its ‘Medium to Long-term Strategy PAMCOvision 2031’ to mitigate losses and improve profitability.
More about Pacific Metals Co., Ltd.
Pacific Metals Co., Ltd. operates in the metals industry, primarily focusing on the production and sale of nickel products. The company is positioned in the market with a focus on ferronickel products and has a significant presence in the Philippines, leveraging strong demand in the region.
YTD Price Performance: 32.10%
Average Trading Volume: 316,080
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.75B
See more data about 5541 stock on TipRanks’ Stock Analysis page.