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Sumitomo Bakelite Co., Ltd. ( (JP:4203) ) has issued an announcement.
Sumitomo Bakelite Co., Ltd. reported its consolidated financial results for the nine months ending December 31, 2024. The company experienced fluctuations in its financial performance, with a notable year-over-year decrease in profit attributable to owners of the parent by 28.7%. Despite a challenging economic environment, the company has forecasted a revenue increase of 7.6% for the fiscal year ending March 2025, indicating optimism for recovery and growth. The report also highlights a two-for-one common stock split, which may impact dividend calculations and shareholder value.
More about Sumitomo Bakelite Co., Ltd.
Sumitomo Bakelite Co., Ltd. operates in the manufacturing industry, focusing primarily on the production of high-performance plastics and resin products. The company is listed on the Tokyo Stock Exchange and serves various sectors, including electronics, automotive, and healthcare, with a strong emphasis on innovation and sustainability.
YTD Price Performance: 0%
Average Trading Volume: 525
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.15B
Find detailed analytics on 4203 stock on TipRanks’ Stock Analysis page.
