Modalis Therapeutics Reports H1 2024 Financial Loss
Company Announcements

Modalis Therapeutics Reports H1 2024 Financial Loss

Modalis Therapeutics Corporation (JP:4883) has released an update.

Modalis Therapeutics Corporation reported a downturn in its financial results for the first half of 2024, showing no operating revenue and a loss per share of ¥21.98. The company’s total assets decreased to ¥1,409 million from ¥2,025 million at the end of the previous year, and they have not provided a forecast for the fiscal year citing the difficulty of accurate estimations. Dividends remained at zero, consistent with the previous fiscal year’s end.

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