Socionext Inc. (JP:6526) has released an update.
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Socionext Inc. reports a decrease in net sales by 14.1% and a slight increase in operating income by 1.5% for the quarter ending June 30, 2024, compared to the same period last year. Profit attributable to owners declined by 4.8%, while the company’s total assets also saw a decrease. The forecast for the fiscal year ending March 31, 2025, predicts a continued downtrend in net sales and profit attributable to owners of parent.
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