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King Jim Co., Ltd. Reports Increased Sales but Faces Profitability Challenges

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King Jim Co., Ltd. Reports Increased Sales but Faces Profitability Challenges

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King Jim Co., Ltd. ( (JP:7962) ) has shared an announcement.

King Jim Co., Ltd. reported a 3.5% increase in net sales for the six months ended December 20, 2024, compared to the same period in the previous year. Despite this increase, the company experienced a net loss attributable to owners of the parent, highlighting ongoing challenges in achieving profitability. The company’s financial forecast for the fiscal year ending June 20, 2025, anticipates a modest growth in net sales and a significant improvement in profit attributable to owners of the parent, suggesting potential recovery and positive outlook for stakeholders.

More about King Jim Co., Ltd.

King Jim Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the production and sale of office supplies and related products.

YTD Price Performance: -1.87%

Average Trading Volume: 16,360

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen23.89B

For detailed information about 7962 stock, go to TipRanks’ Stock Analysis page.

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