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SAKURA Internet Inc. Q1 Profits Soar with Robust Outlook

SAKURA Internet Inc. Q1 Profits Soar with Robust Outlook

SAKURA Internet Inc. (JP:3778) has released an update.

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SAKURA Internet Inc. reports substantial growth in its first quarter with a 16.3% increase in net sales and a notable 122% rise in operating profit compared to the previous year, despite a 61.5% decline in profit attributable to owners. The company’s total assets and net assets have significantly increased, showcasing a robust equity-to-asset ratio of 51.7%. SAKURA Internet Inc. also forecasts a promising year ahead with expected net sales and operating profit growth, and plans to issue a year-end dividend of 4.00 yen per share.

For further insights into JP:3778 stock, check out TipRanks’ Stock Analysis page.

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