FaithNetwork Co.,Ltd (JP:3489) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.