MEDINET Co. Sees Sales Rise Amidst Losses

MEDINET Co., Ltd. (JP:2370) has released an update.

MEDINET Co., Ltd. reports a 19.8% increase in net sales reaching 589 million yen, while still facing losses with a net loss of 951 million yen, an improvement from the previous year’s 1,045 million yen loss. The company’s total assets grew to 5,727 million yen with a strong capital adequacy ratio of 90.9%. No dividends were paid in the current quarter.

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