Corona Corporation Faces Losses Amid Sales Rise
Company Announcements

Corona Corporation Faces Losses Amid Sales Rise

Corona Corporation (JP:5909) has released an update.

Corona Corporation reported a slight increase in net sales to 18,861 million yens, a 5.5% rise from the previous year, but continues to face losses with a quarterly operating loss of 323 million yens. Their total assets decreased to 101,515 million yens in June 2024 from 103,294 million yens in March 2024, while they maintained a solid capital adequacy ratio of 73.6%. The company announced a consistent quarterly dividend forecast of 14.00 yen per share for the beginning and end of the fiscal year.

For further insights into JP:5909 stock, check out TipRanks’ Stock Analysis page.

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