JTEC Corp. Sees Quarterly Loss but Optimistic for Year-End

JTEC Corp. (Osaka) (JP:3446) has released an update.

JTEC Corp. reported a significant decline in financial performance for the three months ending September 30, 2024, with net sales dropping by 21.9% compared to the previous year and posting a net loss of ¥105 million. Despite the downturn, the company remains optimistic about its full-year forecast, projecting a 31.4% increase in net sales and a return to profitability with a net profit of ¥231 million.

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