I-NET Corp. Faces Financial Dip, Optimistic Outlook

I-Net Corporation (JP:9600) has released an update.

I-NET Corp. reported a decline in their financial performance for the three months ended June 30, 2024, with reductions in net sales, operating profit, ordinary profit, and profit attributable to owners. Despite the downturn, the company forecasts an increase in net sales and profits for the full year ending March 2025. No significant changes in consolidation and special accounting methods were applied for the quarterly statement preparation.

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