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Good Com Asset Co. Faces Profit Decline, Optimistic Forecast

Good Com Asset Co. Faces Profit Decline, Optimistic Forecast

Good Com Asset Co.,Ltd. (JP:3475) has released an update.

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Good Com Asset Co., Ltd. reports a mixed financial performance for the six months ending April 30, 2024, with a slight increase in net sales by 6.0%, but significant decreases in operating profit, ordinary profit, and profit attributable to owners of the parent by 32.2%, 50.6%, and 54.1% respectively. Despite the downturn in profits, the company forecasts a substantial increase in net income per share to 112.72 yen for the full fiscal year. There were no dividends paid in the second quarter, but a forecasted year-end dividend of 36 yen per share has been announced.

For further insights into JP:3475 stock, check out TipRanks’ Stock Analysis page.

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