KATO WORKS Reports Decreased Quarterly Earnings
Company Announcements

KATO WORKS Reports Decreased Quarterly Earnings

KATO WORKS CO., LTD. (JP:6390) has released an update.

KATO WORKS CO., LTD. reported a decrease in net sales by 17.2% and a drop in ordinary profit by 46.2% in the June 2024 quarter compared to the previous year. The company also experienced a negative operating profit and a loss attributable to owners of the parent amounting to -252 million yen. Despite a decrease in total assets, the company’s capital adequacy ratio improved to 50.8%.

For further insights into JP:6390 stock, check out TipRanks’ Stock Analysis page.

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