MACNICA HOLDINGS INC. (JP:3132) has released an update.
Macnica Holdings, Inc. reports a decrease in financial performance for the three months ended June 30, 2024, with net sales, operating income, and net income attributable to owners of the parent showing declines from the previous year. Despite the downturn, the company has announced a 1-for-3 share split effective October 1, 2024, and provided a forecast for the fiscal year ending March 31, 2025, which anticipates a slight increase in net sales but a decrease in net income per share, even after accounting for the share split.
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