Daiki Aluminium Industry Co., Ltd. ( (JP:5702) ) has issued an announcement.
Daiki Aluminium Industry Co., Ltd. has announced extraordinary losses for the fourth quarter of the fiscal year ending March 31, 2025. The losses include an impairment loss of ¥1.5 billion due to a challenging business environment faced by its subsidiary in India, and a ¥3.9 billion loss on the valuation of shares of the same subsidiary. These financial setbacks highlight the company’s current operational challenges, although the loss on valuation of shares does not affect the consolidated financial results.
More about Daiki Aluminium Industry Co., Ltd.
Daiki Aluminium Industry Co., Ltd. operates in the aluminum industry, focusing on the production and processing of aluminum products. The company serves various markets with its aluminum solutions, emphasizing innovation and quality in its offerings.
YTD Price Performance: -6.30%
Average Trading Volume: 165
Technical Sentiment Signal: Buy
Current Market Cap: €236.6M
See more data about 5702 stock on TipRanks’ Stock Analysis page.