Kose (JP:4922) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
KOSÉ Corporation announced an extraordinary loss due to structural reforms in China, leading to a significant revision of its 2024 financial forecast. Although net sales are expected to rise, operating profit and profit attributable to owners have been downgraded, reflecting challenges in the Chinese market and increased reform expenses. Despite these setbacks, the company anticipates growth in its domestic market and other business segments.
For further insights into JP:4922 stock, check out TipRanks’ Stock Analysis page.