FaithNetwork Co.,Ltd (JP:3489) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
FaithNetwork Co., Ltd. has reported a loss for the first quarter ended June 30, 2024, with net sales of 1,953 million yen and a net loss of 374 million yen. The company’s total assets increased to 29,212 million yen, while net assets decreased slightly. Despite the quarterly loss, FaithNetwork is forecasting significant year-over-year growth for the fiscal year ending March 31, 2025, with expected net sales of 33,000 million yen and a profit of 2,700 million yen.
For further insights into JP:3489 stock, check out TipRanks’ Stock Analysis page.