Kioxia Posts Record Net Profit in April-Dec.
Tokyo, Feb. 15 (Jiji Press)--Japanese flash memory maker Kioxia Holdings Corp. reported a record consolidated net profit of 252,048 million yen for April-December 2024, achieving a turnaround from a year-before loss of 253,974 million yen thanks to robust demand for memory chips for data centers.
Its sales in the nine-month period jumped 80.2 pct to 1,359.3 billion yen, the company, formerly a semiconductor memory business spun off by Toshiba Corp., said Friday.
(2025/02/15-13:07)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
02/21 22:00 Nissan May Seek Investment from Tesla: FT -
02/21 10:56 Japanese Luxury Cruise Ship Asuka III to Enter into Service in July - 02/20 21:12 KKR Successfully Completes Tender Offer for Fuji Soft
- 02/20 18:28 (Update) Norinchukin Bank President to Resign over Huge Loss
- 02/20 16:45 Norinchukin Bank Projects Net Loss of 1.9 T. Yen
- 02/20 13:36 Suzuki Motor Targets Operating Profit of 800 B. Yen in FY 2030
- 02/20 09:38 Osaka Gas Aims to Boost City Gas Sales in India
- 02/19 19:32 Mitsui to Invest 5.3 B. Dlrs in Aussie Iron Ore Project
- 02/19 18:47 Kobayashi Pharma Shareholders Reject Hong Kong Fund's Proposals
- 02/19 15:47 Major Japanese Automakers Wary of Trump Tariffs
- 02/18 19:49 (Update) Mizuho Admits Safe Deposit Thefts Occurred in 2019
- 02/18 13:54 Safe Deposit Box Thefts Found at Mizuho Bank
- 02/17 23:01 JR Tokai Unveils Disney-Themed Shinkansen Train
- 02/17 19:53 (Update) Bain Capital Drops Bid for Fuji Soft
- 02/17 14:44 Bain Capital Drops Bid for Fuji Soft
- 02/15 13:07 Kioxia Posts Record Net Profit in April-Dec.
