Abalance Corp ( (JP:3856) ) has provided an announcement.
Abalance Corporation reported a significant decline in its financial performance for the six months ending December 31, 2024, with net sales dropping by 58% and profit attributable to owners of the parent decreasing by 90.4% compared to the previous year. The company is also undergoing a transitional period, planning to change its fiscal year-end from June 30 to March 31, which will result in a nine-month fiscal period for the year ending March 31, 2025.
More about Abalance Corp
Abalance Corporation is a company listed on the Tokyo Stock Exchange, operating under the securities code 3856. The company is involved in various industries, focusing on providing products and services that align with its market strategies.
YTD Price Performance: -20.41%
Average Trading Volume: 175,655
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen10.51B
See more insights into 3856 stock on TipRanks’ Stock Analysis page.