The latest update is out from Shimizu ( (JP:1803) ).
Shimizu Corporation reported its consolidated financial results for the nine months ending December 31, 2024, with net sales of 1,327,922 million yen, marking an 8.3% decrease from the previous year. Despite the decline in sales, the company improved its net income to 40,569 million yen from a loss of 20,855 million yen in the previous period, indicating a positive turnaround in profitability. This financial performance suggests a strengthening position for Shimizu in its market, potentially benefiting stakeholders as the company stabilizes its operations.
More about Shimizu
Shimizu Corporation is involved in the construction industry, offering a range of engineering and construction services. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
YTD Price Performance: 11.27%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.79B
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