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Altech Corporation’s Steady Growth Amid Profit Challenges

Altech Corporation’s Steady Growth Amid Profit Challenges

Altech Corporation (JP:4641) has released an update.

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Altech Corporation reports a modest increase in net sales to ¥35,954 million for the nine months ending September 30, 2024, with operating profit slightly up at ¥3,586 million. Despite these gains, profit attributable to owners fell by 6.9% to ¥2,362 million, reflecting challenges in maintaining profitability. The company forecasts further growth in net sales by the end of the fiscal year.

For further insights into JP:4641 stock, check out TipRanks’ Stock Analysis page.

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