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Financial Products Group Reports Q1 2024 Results with Increased Sales but Lower Profits

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Financial Products Group Reports Q1 2024 Results with Increased Sales but Lower Profits

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Financial Products Group Co., Ltd. ( (JP:7148) ) has issued an announcement.

Financial Products Group Co., Ltd. reported its consolidated financial results for the first quarter ending December 31, 2024, showing a 14.6% increase in net sales compared to the previous year. However, the company experienced declines in operating income, ordinary income, and profit attributable to owners, indicating a challenging period despite the rise in sales. The announcement also highlighted a shareholder equity decrease and forecasted year-end dividend payments, which remain unchanged, reflecting cautious optimism amid market challenges.

More about Financial Products Group Co., Ltd.

Financial Products Group Co., Ltd. operates in the financial services industry, focusing on providing a variety of financial products and services. The company is listed on the Tokyo Stock Exchange Prime Market and is led by CEO and Founder Hisanaga Tanimura.

YTD Price Performance: -2.42%

Average Trading Volume: 415,566

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen227.8B

Learn more about 7148 stock on TipRanks’ Stock Analysis page.

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