tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

I-Net Corp Sees Mixed Financial Results for H1

I-Net Corp Sees Mixed Financial Results for H1

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

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

I-Net Corporation reported a mixed performance for the first half of the fiscal year, with a slight decrease in overall revenue compared to the previous year, largely due to a weak Q1. However, Q2 saw a record high quarterly revenue and stable net income, aided by gains from the sale of marketable securities. Meanwhile, growth in data center services helped offset profit declines in other areas due to depreciation costs and delayed price adjustments.

For further insights into JP:9600 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1