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Japan Wool Textile Sees Strong Profit Growth

Japan Wool Textile Sees Strong Profit Growth

Japan Wool Textile Co., Ltd. (JP:3201) has released an update.

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Japan Wool Textile Co., Ltd. reports a slight decrease in net sales but a significant increase in profits for the nine months ending August 31, 2024, with profit attributable to owners of parent soaring by 37.1%. The company’s total assets grew, and a stable forecast is set for the fiscal year-end, with no changes to dividend forecasts or significant changes in financial policies. The financial results also reflect the impact of the company’s own share repurchase.

For further insights into JP:3201 stock, check out TipRanks’ Stock Analysis page.

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