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coconala Inc. ( (JP:4176) ) just unveiled an announcement.
Coconala Inc. reported a significant increase in sales for the first three months ending November 30, 2024, with a 69.7% year-on-year growth, reaching 2,373 million yen. Despite the rise in sales, the company’s ordinary profit saw a decline of 20.7%, which might be a concern for stakeholders. However, the profit attributable to owners of the parent increased by 24.9%, indicating a positive shift in shareholder value and overall financial stability. The company’s equity-to-asset ratio also improved, suggesting enhanced financial health.
More about coconala Inc.
Coconala Inc. operates in the online platform industry, primarily offering a digital marketplace for personal services. The company is listed on the Tokyo Stock Exchange and focuses on connecting individuals with freelance experts across various fields.
YTD Price Performance: -11.70%
Average Trading Volume: 317,233
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen7.95B
Find detailed analytics on 4176 stock on TipRanks’ Stock Analysis page.