P Ban Com Corp. (JP:3559) has released an update.
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P-ban.com Corp. reported marginal growth in net sales by 0.1% year-on-year for June 2024, but faced a significant decline in profits, with operating profit, ordinary profit, and net profit dropping by 36.9%, 36.7%, and 37.2% respectively. The company’s total assets decreased slightly from March to June 2024, while maintaining a strong capital adequacy ratio of 82.5%. During this period, the company did not issue any dividends for the second quarter.
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