RIX Corporation (JP:7525) has released an update.
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RIX Corporation reported a mixed financial performance for the three months ended June 30, 2024, with an increase in net sales by 8.2% but a 17.4% decrease in profit attributable to owners compared to the previous year. The company’s total assets slightly decreased since March 2024, while the equity ratio improved marginally. RIX Corporation forecasts a challenging fiscal year ahead, expecting decreases in operating profit, ordinary profit, and net profit attributable to owners of parent for both the first half and the full fiscal year.
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