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Tobu Railway Reports Stable Profits Amid Revenue Decline

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Tobu Railway Reports Stable Profits Amid Revenue Decline

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Tobu Railway Co ( (JP:9001) ) just unveiled an update.

Tobu Railway Co., Ltd. reported a slight decrease in its financial performance for the nine months ending December 31, 2024, with operating revenue declining by 1.8% to ¥458,477 million. Despite the decrease in revenue, the company maintained a stable profit attributable to owners of the parent at ¥41,832 million, up by 2.2% from the previous year. This indicates efficient cost management and resilience in a challenging market environment.

More about Tobu Railway Co

Tobu Railway Co., Ltd. is a company listed on the Tokyo Stock Exchange under the code 9001. The company is engaged in the railway industry, providing transportation services primarily in Japan.

YTD Price Performance: 7.04%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.48B

For a thorough assessment of 9001 stock, go to TipRanks’ Stock Analysis page.

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