J.E.T. Co. Faces Decline in Mid-Year Financials

J.E.T. Co.,LTD. (JP:6228) has released an update.

J.E.T. Co., LTD. reports a year-on-year decline in consolidated financial results for the first half of 2024, with net sales, operating profit, and profit attributable to owners of parent decreasing by 15%, 43.4%, and 54% respectively. Despite the downturn, the company has prepared supplementary financial material and will host a financial results briefing. Additionally, a 3-for-1 stock split was conducted on April 1, 2024, affecting per-share earnings and total number of shares calculations.

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