Abalance Corp (JP:3856) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.