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Press Kogyo Reports Decreased Financial Performance for Nine Months Ending December 2024

Story Highlights
  • Press Kogyo Co., Ltd. reported a significant decline in net sales and profits for the nine months ending December 2024.
  • The company revised its financial forecast for fiscal year 2025, indicating expected improvements in dividends.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Press Kogyo Reports Decreased Financial Performance for Nine Months Ending December 2024

Elevate Your Investing Strategy:

Press Kogyo Co., Ltd. ( (JP:7246) ) has provided an update.

Press Kogyo Co., Ltd. reported a decline in its financial results for the nine months ending December 31, 2024, with net sales and profits experiencing significant decreases compared to the previous year. The company’s comprehensive income also dropped substantially. Despite the downturn, Press Kogyo has revised its financial forecast for the full fiscal year ending March 31, 2025, indicating anticipated improvements in dividends to shareholders.

More about Press Kogyo Co., Ltd.

Press Kogyo Co., Ltd. operates in the automotive parts manufacturing industry, primarily producing components for vehicles. The company is listed on the Tokyo Stock Exchange and focuses on providing high-quality automotive products to its clients.

YTD Price Performance: 6.55%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €358.9M

For an in-depth examination of 7246 stock, go to TipRanks’ Stock Analysis page.

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