KANADEN CORPORATION Faces Q1 Financial Decline

Kanaden Corporation (JP:8081) has released an update.

KANADEN CORPORATION reports a decline in its first-quarter financial performance for 2024, with net sales, operating profit, ordinary profit, and profit attributable to owners decreasing compared to the same period last year. Total assets and net assets have also seen a reduction from the previous quarter. Despite this, the company forecasts marginal year-on-year growth in net sales and operating profit for the full fiscal year ending March 31, 2025.

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