Pacific Metals Co., Ltd. (JP:5541) has released an update.
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Pacific Metals Co., Ltd. reported a decline in net sales to ¥7,835 million for the first half of 2024, reflecting a 3.1% decrease from the previous year. Despite the reduction in losses compared to 2023, the company continues to face financial challenges with a negative profit attributable to owners of the parent amounting to ¥1,877 million. The company maintains a strong equity ratio of 92.9%, signaling financial resilience despite ongoing difficulties.
For further insights into JP:5541 stock, check out TipRanks’ Stock Analysis page.