Cacco Inc. Faces Tough Q2 with Declining Sales

Cacco, Inc. (JP:4166) has released an update.

Cacco Inc. reports a challenging second quarter in FY2024 with a 32.3% decline in net sales and a net loss of 148 million yen, compared to a modest profit in the same period last year. The company’s total assets also decreased, but they maintained a solid capital ratio of 84.1%. Despite the downturn, no changes to the dividend forecast were announced, suggesting stability in shareholder returns.

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