IX Knowledge Inc. Reports Q1 2024 Financial Results

IX Knowledge Incorporated (JP:9753) has released an update.

IX Knowledge Inc. reported a slight decrease in net sales and profits for the first quarter of 2024 compared to the previous year, with net sales down 0.8% and profit attributable to owners down 9.5%. Their financial position remains strong, with a total equity of ¥8,931 million and an equity-to-asset ratio of 66.4%. Looking ahead, the company forecasts a modest increase in sales and operating profit for the fiscal year ending March 31, 2025, but expects a 4.6% decrease in profit attributable to owners.

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