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The latest announcement is out from Toyobo Co ( (JP:3101) ).
Toyobo Co., Ltd. reported its consolidated financial results for the nine months ended December 31, 2024, showing a 2.2% increase in net sales and significant growth in operating and ordinary profits. However, the profit attributable to owners of the parent decreased by 54.2%. The company maintained its dividend forecast and reported no significant changes in its scope of consolidation or accounting methods. The financial outlook for the fiscal year ending March 31, 2025, includes a 5% increase in net sales and substantial growth in operating and ordinary profits, indicating a positive trajectory despite current challenges.
More about Toyobo Co
Toyobo Co., Ltd. operates within the diversified chemical industry, focusing on producing textiles, films, functional polymers, and industrial materials. The company targets a variety of markets including automotive, healthcare, and environmental sectors.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $565.5M
For a thorough assessment of 3101 stock, go to TipRanks’ Stock Analysis page.
