coconala Inc. (JP:4176) has released an update.
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coconala Inc. has reported a significant improvement in its financial performance for the fiscal year ended August 31, 2024, with sales increasing by 40.8% to 6,588 million yen and profits attributable to owners of the parent turning positive at 243 million yen, compared to a loss in the previous year. The company’s consolidated financial position also strengthened, with total assets rising to 8,254 million yen. Despite these gains, the company has not declared any dividends and expects a decrease in operating profit for the following fiscal year.
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