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GSI Creos Reports Q1 Downturn Yet Optimistic Forecast
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GSI Creos Reports Q1 Downturn Yet Optimistic Forecast

GSI Creos Corporation (JP:8101) has released an update.

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GSI Creos Corporation reported a slight decline in its consolidated financial results for the three months ended June 30, 2024, with net sales, operating profit, ordinary profit, and profit attributable to owners showing decreases from the previous year. Despite the downturn, the company still posted a comprehensive income of ¥1,429 million, which is a significant increase compared to the same period last year. Additionally, GSI Creos announced a forecast for the fiscal year ending March 31, 2025, projecting increases across net sales, operating profit, ordinary profit, and basic earnings per share.

For further insights into JP:8101 stock, check out TipRanks’ Stock Analysis page.

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