Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Tri Chemical Laboratories hits new year-to-date high on strong Q1 results
Tri Chemical Laboratories Inc. <4369> gapped higher at the open and quickly hit a fresh year-to-date high. The company announced its February-April first-quarter consolidated financial results after the market close on May 29, reporting sales of 7,488 million yen, up 14.0% year-on-year, and a net profit of 1,855 million yen, up 53.6% year-on-year. The strong earnings triggered buying.
The company drew tailwinds from expanding data center investments driven by the spread of generative AI in the semiconductor industry, its key customer base, alongside a solid investment appetite for advanced logic and memory applications. Cost reductions, sales price revisions, and equity-method investment income from a South Korean affiliate also supported the results.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
NICHIREI CORPORATION shares surge as Oasis emerges as major shareholder, rebounding sharply from bottom
Tokyo stocks mixed at open, upside limited but dip-buying appetite remains strong
Singapore Nikkei 225 futures open at 66,460 yen on the 1st, unchanged
U.S. stock market overview on the 29th: Dow jumps 363 points, hits record high for consecutive days
CHIIKISHINBUNSHA extends gains for fifth day on 1.8-for-1 stock split announcement
inspec surges to new highs on expectations of special demand for AI semiconductor final-stage inspection
U.S. forex market summary: Dollar trades mostly in 159.20 yen range without clear direction
Tokyo stocks seen vulnerable to profit-taking on June 1, but supported by US gains and lower oil prices
Tokyo market outlook: AI-driven rally continues, SpaceX IPO draws attention
QD Laser, Net Income Forecast for the Fiscal Year Turns to Profit, Exceeds Expectations