Daikin Industries Ltd

6367: XTKS (JPN)
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Daikin Earnings: Margin Pressured by Rising Costs, but Positive Outlook Intact; Shares Attractive

Daikin reported a 2% growth and 4% drop in revenue and operating profit, respectively, for the second quarter of fiscal 2025 (ended September). Operating margin deteriorated due to higher operating costs and lower profitability of the chemical business, partly offset by selling price hikes.

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