Enjin Co., Ltd. Faces Declining Quarterly Profits

Enjin Co.,Ltd. (JP:7370) has released an update.

Enjin Co., Ltd. reports a decline in its quarterly financial performance compared to the previous year, with net sales, operating profit, and profit attributable to owners of parent decreasing by 22.8%, 35.4%, and 54.5% respectively. The company’s equity ratio slightly dropped from 86.0% to 85.1% over the quarter. Despite the downturn, Enjin maintains a total dividend forecast of 36.80 yen per share for the fiscal year ending May 31, 2025.

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