Latest news for JFE Holdings (OTC:JFEEF) Stock

JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

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Earnings

JFE Holdings Posts Surge In FQ1 Profit

JFE Holdings Inc

JFE Holdings (OTC: <a class="ticker" href="/stock/jfeef#OTC">JFEEF</a>) posted a strong rise in its net profit for the fiscal first quarter. 

JFE's quarterly net profit climbed to Y18.14 billion, from a year-ago profit of Y7.12 billion. Its sales fell 3.2% to Y730.63 billion from Y754.53 billion. 

JFE's operating profit dropped 45% to Y11.98 billion. 

For the current business year, JFE expects a net profit of Y80 billion, an operating profit of Y100 billion and sales of Y3.3 trillion.

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Jefferies analyst Thanh Ha Pham maintained a Hold rating on JFE Holdings (JFEEF – Research Report) on October 11 and set a price target of Yen2,000...

Jefferies Reaffirms Their Hold Rating on JFE Holdings (JFEEF)

JFE Holdings ( ($JFEEF) ) has released its Q2 earnings. Here is a breakdown of the information JFE Holdings presented to its investors. JFE Holding...

JFE Holdings Reports Decline in First Half Profits

JFE Holdings (JP:5411) has released an update. JFE Holdings has released its 2024 integrated report, highlighting the company's commitment to susta...

JFE Holdings Focuses on Sustainable Growth in 2024

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JFE Holdings

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Asset Sales

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Nikkei Reports JFE Steel Likely to Bid for US Steel Business of Severstal 

JFE Holdings (OTC: <a class="ticker" href="/stock/jfeef#OTC">JFEEF</a>) posted a strong rise in its net profit for the fiscal first quarter. 

JFE's quarterly net profit climbed to Y18.14 billion, from a year-ago profit of Y7.12 billion. Its sales fell 3.2% to Y730.63 billion from Y754.53 billion. 

JFE's operating profit dropped 45% to Y11.98 billion. 

For the current business year, JFE expects a net profit of Y80 billion, an operating profit of Y100 billion and sales of Y3.3 trillion.

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