Abalance Corp (JP:3856) has released an update.
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.
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