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eXmotion Co., Ltd.: Profits Fall Despite Sales Rise

eXmotion Co., Ltd.: Profits Fall Despite Sales Rise

eXmotion Co., Ltd. (JP:4394) has released an update.

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eXmotion Co., Ltd. reports a significant decrease in operating, ordinary, and net profits for May 2024, with operating profit down by 71.2%, ordinary profit by 69.8%, and profit attributable to owners by 73.8%, despite a 9.8% increase in net sales. Total assets decreased slightly from November 2023, but the capital adequacy ratio improved marginally.

For further insights into JP:4394 stock, check out TipRanks’ Stock Analysis page.

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