BAROQUE JAPAN LIMITED Faces Decreased Profits

BAROQUE JAPAN LIMITED (JP:3548) has released an update.

BAROQUE JAPAN LIMITED reported a decrease in net sales and operating profit for the six months ending August 2024 compared to the previous year, with a significant drop in operating profit by 88.3% and a shift to losses in ordinary profit and profit attributable to owners of parent. The company also reported a lower capital adequacy ratio, from 51.8% to 47.3%, while total assets slightly increased. No changes to dividend forecasts were reported, maintaining a year-end prediction of 38.00 yen per share.

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