ProjectHoldings.Inc. (JP:9246) has released an update.
ProjectHoldings, Inc. reported a decrease in net sales by 23.6% year-over-year and an operating loss of ¥127 million for Q2 FY2024, attributing these results to strategic project acquisition restraint and an increase in staff numbers. Despite the current losses, the company foresees a positive shift in sales and profits in the upcoming quarter. Additionally, the firm saw a rise in net sales per client and is continuing to expand its workforce, particularly engineering hires, in anticipation of business improvements in the second half of the year.
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