Siix Corporation Reports Financial Decline Amid Operational Challenges

Siix Corporation ( (JP:7613) ) has issued an update.

Siix Corporation reported a decline in financial performance for the fiscal year ending December 2024, with net sales decreasing by 2.4% and operating profit dropping by 30.2%. Despite a slight increase in comprehensive income, the company’s return on equity and profit ratios have weakened, impacting its profitability. The company’s financial position showed stability with a slight increase in total assets and a stronger capital adequacy ratio. However, cash flows from operating activities improved, indicating better operational efficiency and liquidity management.

More about Siix Corporation

Siix Corporation operates within the general business category and is listed on the Tokyo Stock Exchange. The company specializes in diverse industrial operations, focusing on electronics manufacturing services, including the production and assembly of electronic components and devices. It primarily serves markets that require comprehensive manufacturing and logistic solutions.

YTD Price Performance: -2.32%

Average Trading Volume: 289,052

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen55.67B

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