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OXIDE Corp. Achieves Revenue Growth and Profitability

OXIDE Corp. Achieves Revenue Growth and Profitability

OXIDE Corp. (JP:6521) has released an update.

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OXIDE Corporation reported a revenue increase to 2,010 million Yen, surpassing forecasts despite a temporary shift in R&D expenses to manufacturing costs. The company achieved profitability in operating profit for the first time since the fiscal year before last, highlighting their strategic financial management. Foreign exchange gains were also noted, though not contributing to operating profit.

For further insights into JP:6521 stock, check out TipRanks’ Stock Analysis page.

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