Corona Corporation (JP:5909) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.