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An announcement from THK Co ( (JP:6481) ) is now available.
THK Co., Ltd. released its consolidated financial results for the fiscal year ending December 31, 2024, showing modest revenue growth of 0.2% to ¥352,759 million. However, the company experienced significant declines in key financial metrics such as operating income and profit before tax, down by 26.8% and 25.7% respectively. The dividend per share increased substantially, reflecting a shift in dividend policy. The results highlight challenges in profitability amidst revenue growth, affecting stakeholder expectations and market positioning.
More about THK Co
THK Co., Ltd. is a Tokyo-based company listed on the Tokyo Stock Exchange Prime Market. It operates within the industrial sector, providing mechanical components and equipment. The company is recognized for its linear motion systems and other related products, serving a global market.
YTD Price Performance: 6.78%
Average Trading Volume: 43,800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.01B
See more insights into 6481 stock on TipRanks’ Stock Analysis page.
