AVANTIA CO. Posts Higher Sales but Lower Profits

AVANTIA CO., LTD. (JP:8904) has released an update.

AVANTIA CO., LTD. reports a significant increase of 22.8% in net sales for the nine months ending May 31, 2024, compared to the same period last year. However, the company faced a downturn with operating, ordinary, and net profits showing negative figures, as opposed to positive profits in the previous year. The forecast for the full year anticipates a rise in net sales but a substantial decrease in profits.

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