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CERES INC. ( (JP:3696) ) just unveiled an update.
CERES INC. announced the recording of non-operating income due to significant gains from its equity-method affiliate, bitbank Inc. This was driven by a surge in cryptocurrency trading volumes, resulting in equity investment gains of ¥472 million for the year. This non-operating income has been included in CERES INC.’s consolidated financial results for the fiscal year ending December 31, 2024, highlighting the positive impact of the cryptocurrency market on the company’s financial performance.
More about CERES INC.
YTD Price Performance: 2.58%
Average Trading Volume: 1,698,901
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen36.69B
For a thorough assessment of 3696 stock, go to TipRanks’ Stock Analysis page.