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Shin Nippon Air Technologies Reports Nine-Month Financial Results

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Shin Nippon Air Technologies Reports Nine-Month Financial Results

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Shin Nippon Air Technologies Co., Ltd. ( (JP:1952) ) has issued an update.

Shin Nippon Air Technologies reported a slight increase in net sales and profits for the nine months ending December 31, 2024, compared to the previous year. Despite the growth in sales, the company saw a decrease in profit attributable to owners of the parent, likely influenced by the recent stock split. The financial results indicate stable performance with a forecasted increase in net sales and profit for the full fiscal year ending March 31, 2025, which may impact stakeholders positively as the company continues to consolidate its market position.

More about Shin Nippon Air Technologies Co., Ltd.

Shin Nippon Air Technologies Co., Ltd. operates in the air technologies industry and is listed on the Tokyo Stock Exchange Prime Market. The company is involved in providing air conditioning, ventilation, and related technologies, focusing on both domestic and international markets.

YTD Price Performance: -6.66%

Average Trading Volume: 139,330

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen90.44B

See more insights into 1952 stock on TipRanks’ Stock Analysis page.

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