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Skymark Airlines Reports Decline in Net Income for 2024

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Skymark Airlines Reports Decline in Net Income for 2024

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Skymark Airlines Inc. ( (JP:9204) ) has issued an announcement.

Skymark Airlines reported a decrease in net income by 25.8% for the nine months ending December 2024, despite a 4.5% increase in operating revenues, signaling challenges in maintaining profitability. The company also revised its earnings forecast for the fiscal year ending March 2025, anticipating significant declines in operating and ordinary income, which may affect stakeholder confidence and market positioning.

More about Skymark Airlines Inc.

Skymark Airlines Inc. is a Japanese airline company headquartered in Tokyo, listed on the Tokyo Stock Exchange. The company provides air transportation services, focusing primarily on domestic routes within Japan.

YTD Price Performance: 13.10%

Average Trading Volume: 400,668

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen37.67B

For an in-depth examination of 9204 stock, go to TipRanks’ Stock Analysis page.

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