JFE Holdings annual net profit halves, misses forecasts
08/05/2025 06:08
TOKYO, May 8 (Reuters) - JFE Holdings 5411.T, parent of Japan's second-biggest steel maker, posted net profit of 91.9 billion yen ($639.30 million) for the year ended in March, a 54% drop from a year earlier, missing analysts' forecasts. Analysts polled by LSEG had forecast an annual net profit of 105.4 billion yen for JFE Holdings. The company projected a profit of 75 billion yen for the year ending in March. ($1 = 143.7500 yen) (Reporting by Katya Golubkova; Editing by Jacqueline Wong) ((jekaterina.golubkova@thomsonreuters.com;))
Recent news on JFE Holdings
See all newsJapan launches anti-dumping probe into cold-rolled steel from S.Korea, China, Taiwan
Nippon Steel expects $1.4 billion fiscal year profit as one-off items fade (updated)
Brief: Jef Holdings Executive - We Sell Seamless And Line Pipes To The Middle East, But They Account For A Small Portion Of Our Total Sales Volume
Table: JFE Holdings -2025/26 group results (IFRS)
Brief: Japan Bank For International Cooperation: Signed $1.89 Billion Coordinated Loan Agreement For U.S. Gas-Fired Power Project For AI Data Centers