tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Modalis Therapeutics Reports Foreign Exchange Loss Impacting Earnings

Story Highlights
Modalis Therapeutics Reports Foreign Exchange Loss Impacting Earnings

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Modalis Therapeutics Corporation ( (JP:4883) ) just unveiled an update.

Modalis Therapeutics Corporation announced a non-operating expense of 35 million yen due to foreign exchange losses for the first half of 2025. This financial impact was primarily due to the revaluation of foreign currency denominated assets and liabilities, which may affect the company’s earnings as detailed in their financial results.

More about Modalis Therapeutics Corporation

Modalis Therapeutics Corporation is a company listed on the Tokyo Stock Exchange, focusing on the biotechnology industry. It specializes in developing innovative therapies, with a market focus on genetic and molecular treatments.

Average Trading Volume: 5,097,750

Technical Sentiment Signal: Sell

Current Market Cap: Yen7.08B

For a thorough assessment of 4883 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1