KLab Inc. Faces Tough First Half of FY2024

KLab Inc. (JP:3656) has released an update.

KLab Inc. reports a challenging first half of FY2024, with a significant decrease in revenue and net income compared to the same period last year. The company saw a sharp decline in profits, with no dividends paid or forecasted, and has chosen not to disclose full-year performance forecasts due to the difficulty in making accurate calculations. Furthermore, KLab Inc. has excluded two subsidiaries, BLOCKSMITH&Co. and BLOCKSMITH&Co. Singapore Pte. Ltd., from its list of major subsidiaries.

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