tiprankstipranks
Trending News
More News >

Sumida Corporation Exceeds Earnings Forecast for FY 2024

Story Highlights
Sumida Corporation Exceeds Earnings Forecast for FY 2024

Confident Investing Starts Here:

Sumida Corporation ( (JP:6817) ) has issued an update.

Sumida Corporation reported a slight increase in its consolidated earnings for the fiscal year ending December 2024 compared to its previous forecast. This improvement was driven by higher revenues in the industrial market segment and significant cost reductions, resulting in better operating profits and profits attributable to owners.

More about Sumida Corporation

Sumida Corporation operates in the electronics industry, focusing on manufacturing components such as coils and inductors, which are essential in various electronic devices and industrial applications.

YTD Price Performance: 3.61%

Average Trading Volume: 279,633

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen30.19B

See more data about 6817 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1