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Shikibo Ltd. ( (JP:3109) ) has issued an announcement.
Shikibo Ltd. reported a decrease in financial performance for the nine months ending December 31, 2024, with net sales dropping by 2.7% year-on-year and a decline in profits. Comprehensive income also fell significantly, indicating challenges in maintaining profitability. The company expects a slight increase in net sales for the full fiscal year ending March 31, 2025, but forecasts a decline in profits, reflecting ongoing pressures in the competitive textile market.
More about Shikibo Ltd.
Shikibo Ltd. is listed on the Tokyo Stock Exchange and operates within the textile industry. The company focuses on producing and selling textiles and related products, catering to various market segments.
YTD Price Performance: -0.30%
Average Trading Volume: 36,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen12.46B
Learn more about 3109 stock on TipRanks’ Stock Analysis page.