An update from Toyo Engineering Corporation ( (JP:6330) ) is now available.
Toyo Engineering Corporation and its Brazilian subsidiary, Projeto de Plantas Industriais Ltda, have been fined approximately R$ 560 million by the Comptroller General of Brazil for alleged improper activities related to a project at the Comperj Petrochemical Complex. Despite the fine, Toyo Engineering maintains its stance that it was not involved in any wrongdoing and plans to challenge the decision.
More about Toyo Engineering Corporation
Toyo Engineering Corporation operates in the engineering and construction industry, focusing on the development of industrial facilities and infrastructure projects. The company is listed on the Tokyo Stock Exchange Prime Market and provides services primarily in the petrochemical and energy sectors.
YTD Price Performance: -21.34%
Average Trading Volume: 2
Technical Sentiment Signal: Strong Buy
Current Market Cap: €220M
See more data about 6330 stock on TipRanks’ Stock Analysis page.