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An announcement from Tokyo Radiator Manufacturing Co., Ltd. ( (JP:7235) ) is now available.
Tokyo Radiator Manufacturing Co., Ltd. reported consolidated financial results for the nine months ending December 31, 2024, showing a slight decrease in net sales by 0.1% compared to the previous year, amidst a challenging market environment. While operating and ordinary profits saw increases of 7.0% and 11.5% respectively, profit attributable to owners dropped by 13.0%, indicating pressure on the bottom line. The company also shared a forecast for the full fiscal year ending March 31, 2025, projecting a 1.2% decline in net sales and a significant 34.6% drop in profit attributable to owners of the parent, reflecting ongoing economic challenges.
More about Tokyo Radiator Manufacturing Co., Ltd.
Tokyo Radiator Manufacturing Co., Ltd. operates in the automotive components industry, focusing primarily on the production of radiators and related products. The company is listed on the Tokyo Stock Exchange and is led by President Hironori Kimura.
YTD Price Performance: 0.50%
Average Trading Volume: 11,995
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen11.58B
Find detailed analytics on 7235 stock on TipRanks’ Stock Analysis page.