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MEC Company Ltd. ( (JP:4971) ) has shared an announcement.
MEC Company Ltd. announced a discrepancy between their forecasted and actual consolidated earnings for the fiscal year ended December 31, 2024. The actual results showed lower earnings than forecasted due to increased corporate taxes resulting from the dissolution and liquidation of MEC (Hong Kong) Ltd., and restructuring efforts to make MEC Fine Chemical (Zhuhai) Ltd. a wholly owned subsidiary, impacting the company’s overall financial performance.
More about MEC Company Ltd.
MEC Company Ltd. operates within the chemical industry, offering fine chemicals and related products, with a market focus that includes maintaining efficiency and business rationality.
YTD Price Performance: -6.70%
Average Trading Volume: 107,284
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen62.14B
See more data about 4971 stock on TipRanks’ Stock Analysis page.