tiprankstipranks
Trending News
More News >

FaithNetwork Reports Strong Sales Despite Loss

FaithNetwork Reports Strong Sales Despite Loss

FaithNetwork Co.,Ltd (JP:3489) has released an update.

Confident Investing Starts Here:

FaithNetwork Co., Ltd. reported a significant increase in net sales for the first half of 2024, reaching ¥8,095 million, which marks a 157.1% rise from the previous year. Despite the impressive sales growth, the company still reported a net loss of ¥31 million during the period. Looking ahead, FaithNetwork forecasts robust growth for the entire fiscal year, with projected net sales of ¥33,000 million and a profit attributable to owners of ¥2,700 million.

For further insights into JP:3489 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1