Kudan, Inc. (JP:4425) has released an update.
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Kudan Inc. reported a decline in its financial performance for the three months ended June 30, 2024, with net sales and profits seeing significant decreases compared to the previous year. The company’s total assets increased slightly, with an equity ratio of 89.3%, indicating a stable financial position. No dividends were paid, and there are no changes in the earnings forecast for the fiscal year ending March 31, 2025.
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