BASE FOOD Inc. (JP:2936) has released an update.
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BASE FOOD, Inc. reported a decline in net sales and profits for the first two quarters of FY2025 compared to the previous year, with net sales decreasing by 6.5% and a net loss of 506 million yen. The company’s total assets increased to 3,916 million yen, but net assets decreased significantly, resulting in an equity ratio of 10.0%. No dividend payment is scheduled, reflecting the net loss, and the forecast for the fiscal year suggests modest growth in net sales with minimal projected profits.
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