Abalance Corp (JP:3856) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.