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BALMUDA Inc. Reports Mixed Mid-Year Financials

BALMUDA Inc. Reports Mixed Mid-Year Financials

BALMUDA, Inc. (JP:6612) has released an update.

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BALMUDA Inc., listed on the Tokyo Stock Exchange, has released their consolidated financial results showing a 10.2% increase in net sales to 6.33 billion yen for the six months ended June 30, 2024. Despite the increase in sales, the company experienced an operating loss of 91 million yen, but still managed a modest profit attributable to owners of the parent of 31 million yen. The company’s equity-to-asset ratio improved to 65.8%, indicating a stronger financial position compared to the end of the previous year.

For further insights into JP:6612 stock, check out TipRanks’ Stock Analysis page.

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