Net Protections Holdings, Inc. (JP:7383) has released an update.
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Net Protections Holdings, Inc. has revised its earnings forecast for the fiscal year ending March 2025, indicating significant improvements in operating profit, profit before income taxes, and profit attributable to owners of the parent. The revision reflects better-than-expected results from initiatives to lower delinquency rates and improve efficiency through system enhancements, which also led to a decrease in the SG&A expense ratio. While gross merchandise value and total operating revenue remained in line with forecasts, the company remains cautious about future predictions due to potential variability in late payment fees and bad debt-related expenses.
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