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Prored Partners Reports Gains from Investment Securities Sale

Story Highlights
  • Prored Partners posted gains from selling investment securities managed by Bluepass Capital.
  • The sale resulted in significant consolidated net sales and operating profit for the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prored Partners Reports Gains from Investment Securities Sale

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Prored Partners Co., Ltd. ( (JP:7034) ) has shared an update.

Prored Partners Co., Ltd. has announced the posting of gains and losses from the sale of operational investment securities managed by its subsidiary, Bluepass Capital Inc. The sale resulted in a non-consolidated gain of 379 million yen and contributed to consolidated net sales of 2,792 million yen, with an operating profit of 2,338 million yen and a profit attributable to owners of the parent amounting to 625 million yen. This financial outcome reflects the company’s strategic management of its investment portfolio and could influence its market positioning and stakeholder confidence.

The most recent analyst rating on (JP:7034) stock is a Hold with a Yen563.00 price target. To see the full list of analyst forecasts on Prored Partners Co., Ltd. stock, see the JP:7034 Stock Forecast page.

More about Prored Partners Co., Ltd.

Prored Partners Co., Ltd. operates in the financial sector, focusing on investment management and related services. The company is involved in managing investment funds through its subsidiary, Bluepass Capital Inc.

Average Trading Volume: 65,166

Technical Sentiment Signal: Sell

Current Market Cap: Yen5.86B

See more insights into 7034 stock on TipRanks’ Stock Analysis page.

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