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I-NET Corp Revises FY2025 Earnings Forecast Due to Increased Costs

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I-NET Corp Revises FY2025 Earnings Forecast Due to Increased Costs

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The latest announcement is out from I-Net Corporation ( (JP:9600) ).

I-NET Corp. has revised its full-year consolidated earnings forecast for the fiscal year ending March 2025, due to slower than expected growth in net sales and increased costs related to cloud services. Despite efforts to reduce SG&A expenses, the company anticipates a decrease in consolidated net sales and profits compared to previous forecasts, while maintaining its dividend forecast.

More about I-Net Corporation

I-NET Corp. operates in the information technology industry, offering services primarily in information processing and software development, with a focus on providing fair-priced transactions and managing costs effectively.

YTD Price Performance: 4.36%

Average Trading Volume: 23,977

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen26.23B

Find detailed analytics on 9600 stock on TipRanks’ Stock Analysis page.

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