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Colowide Co., Ltd. ( (JP:7616) ) just unveiled an announcement.
Colowide Co., Ltd. reported consolidated financial results for the nine months ending December 31, 2024, showing an increase in revenue by 11.9% to 200,472 million yen, while profit before tax and profit attributable to owners of the parent declined by 11% and 23% respectively. The company anticipates revenue growth of 9.2% for the full fiscal year ending March 31, 2025, despite a projected decrease in profit attributable to owners by 30%, indicating a challenging market environment impacting profitability.
More about Colowide Co., Ltd.
Colowide Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily operating in the food and beverage industry. It focuses on providing dining experiences through various restaurant chains and is known for its range of offerings in the hospitality sector.
YTD Price Performance: -1.67%
Average Trading Volume: 499,213
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen178.6B
Learn more about 7616 stock on TipRanks’ Stock Analysis page.
