Nippon Paint (OTCMKTS:NPCPF) Releases Quarterly Earnings Results

Nippon Paint (OTCMKTS:NPCPF) released its quarterly earnings results on Friday. The company reported $0.13 EPS for the quarter, Zacks reports. Nippon Paint had a net margin of 9.46% and a return on equity of 10.44%. The business had revenue of $2.96 billion during the quarter.

Nippon Paint Stock Up 12.2%

Nippon Paint stock opened at $3.69 on Friday. The firm has a 50-day moving average price of $3.69 and a two-hundred day moving average price of $3.87. Nippon Paint has a 52-week low of $6.13 and a 52-week high of $8.12. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.94 and a quick ratio of 0.77.

Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. is a leading global manufacturer of paints and coatings, with roots tracing back to its founding in 1881 in Osaka, Japan. The company develops, produces, and markets a broad portfolio of decorative paints for residential and commercial applications, as well as high-performance industrial coatings tailored to automotive, marine, aerospace, protective, and general industrial markets. Its product lines include emulsions, primers, topcoats, powder coatings, and specialty formulations designed to meet stringent performance and environmental standards.

Through a network of subsidiaries, joint ventures, and strategic alliances, Nippon Paint serves customers across Asia, Europe, North America, and other emerging markets.