Rock Field Co. Faces Profit Decline, Predicts Recovery

Rock Field Co., Ltd. (JP:2910) has released an update.

Rock Field Co., Ltd. reported a slight increase in net sales by 0.6% in the three months ending July 31, 2024, but saw significant declines in operating profit and ordinary profit by 30.6% and 30.1%, respectively. The company recorded a net loss for the period, with profit attributable to owners of the parent at a negative 103 million yen, compared to a profit of 326 million yen in the same period the previous year. Despite the downturn, the company forecasts a recovery with a 4.1% increase in net sales and a 17.5% increase in operating profit for the fiscal year ending April 30, 2025.

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