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Konaka Co., Ltd. Faces Financial Decline but Remains Hopeful

Konaka Co., Ltd. Faces Financial Decline but Remains Hopeful

Konaka Co., Ltd. (JP:7494) has released an update.

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Konaka Co., Ltd. reported a downturn in its financial performance for the nine months ending June 30, 2024, with net sales dropping 4.4% and operating profit decreasing by 29.9%. The company also saw a decline in ordinary profit by 13.2% and experienced a loss attributable to owners of the parent. Despite this, they have projected an increase in net sales and a positive earnings per share for the full year ending September 30, 2024.

For further insights into JP:7494 stock, check out TipRanks’ Stock Analysis page.

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