The latest announcement is out from Toho Acetylene Co., Ltd. ( (JP:4093) ).
Toho Acetylene Co., Ltd. reported a slight decline in its financial performance for the nine months ended December 31, 2024, with a decrease in net sales by 1.4% and a significant drop in profits compared to the previous year. Despite the challenges reflected in these figures, the company anticipates a positive outlook for the fiscal year ending March 31, 2025, expecting an increase in net sales and profit margins, indicating potential resilience and adaptation to market conditions.
More about Toho Acetylene Co., Ltd.
Toho Acetylene Co., Ltd. operates in the industrial gas sector, with a primary focus on producing and supplying acetylene and other industrial gases. The company is listed on the Tokyo Stock Exchange and is committed to serving diverse market needs with its range of products.
YTD Price Performance: -1.59%
Average Trading Volume: 88,128
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen12.83B
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