An announcement from Teijin ( (JP:3401) ) is now available.
Teijin Limited reported significant financial growth for the nine months ending December 31, 2024, with a 6.7% increase in revenue to 756,112 million yen and a dramatic rise in profit attributable to owners of the parent by 320.2%. Despite a negative operating income, the company’s comprehensive income also rose significantly, indicating effective cost management and strategic investments. The company plans to maintain its dividend outlook and has shown improvements in its equity position, highlighting its commitment to delivering value to shareholders.
More about Teijin
Teijin Limited is a company listed on the Tokyo Stock Exchange, primarily operating in industries involving synthetic fibers, films, plastics, and pharmaceuticals, with a focus on innovative solutions for a variety of sectors including automotive, healthcare, and environmental fields.
YTD Price Performance: -1.72%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.6B
For an in-depth examination of 3401 stock, go to TipRanks’ Stock Analysis page.