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Shimojima Co., Ltd. Reports Growth in Sales Amidst Profit Decline

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Shimojima Co., Ltd. Reports Growth in Sales Amidst Profit Decline

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An update from SHIMOJIMA Co., Ltd. ( (JP:7482) ) is now available.

Shimojima Co., Ltd. reported a 4.6% increase in net sales for the nine months ending December 31, 2024, despite a decline in operating and ordinary profits compared to the previous year. The company expects an improvement in financial performance by the end of the fiscal year, forecasting a 6.9% increase in net sales and a 16.5% rise in operating profit, indicating a positive outlook for stakeholders.

More about SHIMOJIMA Co., Ltd.

Shimojima Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the manufacturing sector. The company focuses on producing packaging materials and related products, catering to various industries requiring specialized packaging solutions.

YTD Price Performance: -0.67%

Average Trading Volume: 10,764

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen30.14B

Learn more about 7482 stock on TipRanks’ Stock Analysis page.

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