OKE Precision Cutting Tools Reports Third Quarter 2024 Earnings - Simply Wall St News

Nov 01, 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are up 2.6% from a week ago.

Before we wrap up, we've discovered 3 warning signs for OKE Precision Cutting Tools (1 shouldn't be ignored!) that you should be aware of.

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Engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products.

Reasonable growth potential with adequate balance sheet.