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An update from W-SCOPE Corporation. ( (JP:6619) ) is now available.
W-SCOPE Corporation announced a slight difference between its revised earnings forecast and actual results for the fiscal year ending January 2025. The company’s net sales were close to expectations, but operating and ordinary income were lower than anticipated due to a decline in the European EV market and increased inventory valuation losses. The company is implementing cost reduction strategies and seeking new contracts to mitigate these impacts.
More about W-SCOPE Corporation.
W-SCOPE Corporation operates in the manufacturing industry, focusing on producing separators for automotive batteries and ion exchange membranes. The company is particularly involved in the European EV market and is working on expanding its contracts in the ESS battery sector.
YTD Price Performance: -1.08%
Average Trading Volume: 1,123,026
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen15.3B
For a thorough assessment of 6619 stock, go to TipRanks’ Stock Analysis page.