Marumae Co., Ltd. (JP:6264) has released an update.
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Marumae Co., Ltd. reported that its net sales, operating profit, and ordinary profit for the fiscal year ended August 2024 matched the company’s previous forecasts. However, due to a revision in deferred tax asset recoverability and a higher-than-expected tax expense, the actual profit fell short by 34.5%, with earnings per share dropping from the forecasted 2.29 yen to 1.55 yen.
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