Abalance Corp (JP:3856) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Abalance Corporation reported a decline in net sales by 2.9% but a significant increase in operating profit by 82.4% and profit attributable to owners by 91.9% for the fiscal year ended June 30, 2024. Despite the overall increase in profitability, forecasts for the following year predict a sharp decrease in net sales and profits. The company maintained a consistent dividend payout and saw a rise in total assets and net assets per share.
For further insights into JP:3856 stock, check out TipRanks’ Stock Analysis page.