GMO Pepabo, Inc. (JP:3633) has released an update.
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GMO Pepabo, Inc. reports a decrease in net sales by 2.9% and a significant recovery with a profit of ¥325 million for the first half of 2024, compared to a loss of ¥892 million in the same period last year. The company’s total assets remained stable, while net assets and equity ratio improved from the end of 2023. GMO Pepabo forecasts a modest increase in net sales and anticipates a year-end dividend of ¥40 per share for the fiscal year ending December 31, 2024.
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