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An update from Kumiai Chemical Industry Co., Ltd. ( (JP:4996) ) is now available.
Kumiai Chemical Industry Co., Ltd. announced it will post extraordinary losses due to impairment of non-current assets in its chlorination business in Thailand. This decision follows an assessment that revealed the recoverable amount of these assets is less than their book value, resulting in an impairment loss of ¥3,810 million.
The most recent analyst rating on (JP:4996) stock is a Hold with a Yen876.00 price target. To see the full list of analyst forecasts on Kumiai Chemical Industry Co., Ltd. stock, see the JP:4996 Stock Forecast page.
More about Kumiai Chemical Industry Co., Ltd.
Kumiai Chemical Industry Co., Ltd. operates in the chemical industry, focusing on the production and distribution of chemical products. The company is involved in various chemical processes, including chlorination, through its subsidiaries.
Average Trading Volume: 460,172
Technical Sentiment Signal: Buy
Current Market Cap: Yen102.5B
For a thorough assessment of 4996 stock, go to TipRanks’ Stock Analysis page.