Nadex Co., Ltd. (JP:7435) has released an update.
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Nadex Co., Ltd. reports a downturn in the first quarter with net sales dropping 12.1% and a loss per share of ¥18.38, compared to a profit per share of ¥26.51 in the previous year. Despite the challenging quarter, the company retains a strong capital adequacy ratio of 62.3%. Looking forward, Nadex projects an improvement for the full year with net sales expected to grow by 9.4% and basic earnings per share forecasted at ¥107.98.
For further insights into JP:7435 stock, check out TipRanks’ Stock Analysis page.
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