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Credit Saison Faces Profit Decline Amid Revenue Growth

Credit Saison Faces Profit Decline Amid Revenue Growth

Credit Saison Co (JP:8253) has released an update.

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Credit Saison Co. has reported a challenging second quarter for fiscal year 2024, with a decline in profits despite a rise in net revenue. The company experienced a significant drop in profit attributable to owners, falling by 35.4% compared to the previous year, largely impacted by a 29.6% decrease in profit before tax. Despite these hurdles, Credit Saison maintains its dividend forecast for the year, suggesting confidence in long-term financial stability.

For further insights into JP:8253 stock, check out TipRanks’ Stock Analysis page.

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