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CUBE CO., LTD. Faces Profitability Decline

CUBE CO., LTD. Faces Profitability Decline

CUBE CO.,LTD. (JP:7112) has released an update.

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CUBE CO., LTD., listed on the Tokyo Stock Exchange, reports a decrease in net sales, operating profit, ordinary profit, and net income for the three months ended June 30, 2024, compared to the previous year. Despite a reduction in profitability, the company maintains a strong equity-to-asset ratio of 83.4%. Looking ahead, the company projects a modest increase in net sales but anticipates continued declines in profitability for the fiscal year ending December 31, 2024.

For further insights into JP:7112 stock, check out TipRanks’ Stock Analysis page.

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