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Asahi Broadcasting Forecasts Profit Growth Amidst Dip

Asahi Broadcasting Forecasts Profit Growth Amidst Dip

Asahi Broadcasting Group Holdings Corporation (JP:9405) has released an update.

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Asahi Broadcasting Group Holdings Corporation reported a dip in consolidated financial results for the quarter ending June 30, 2024, with net sales falling by 3.4% and a decrease in profit attributable to owners. Despite this, the company forecasts a growth in operating profit and ordinary profit for the fiscal year ending March 31, 2025. The financial report also included a consistent dividend forecast with the previous fiscal year and the inclusion of a new subsidiary, Eim.co.,ltd.

For further insights into JP:9405 stock, check out TipRanks’ Stock Analysis page.

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