UBE Industries (JP:4208) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
UBE Corporation has revised its earnings forecast for the first half of the fiscal year ending March 31, 2025, with net sales expected to increase due to higher elastomer prices, despite a decrease in operating and ordinary profits. The company attributes the decline in profits to losses from the dissolution of an affiliate and challenges in the Polymers & Chemicals Segment. The full-year forecast and dividend projections remain unchanged.
For further insights into JP:4208 stock, check out TipRanks’ Stock Analysis page.