Pacific Metals Co., Ltd. (JP:5541) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.