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Tein, Inc. Reports Decline in Quarterly Profits

Tein, Inc. Reports Decline in Quarterly Profits

Tein, Inc. (JP:7217) has released an update.

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Tein, Inc. experiences a downturn in financial performance, with a notable decrease in operating profit by 49.5% and profit attributable to owners dropping by 60.2% in the June 2024 quarter compared to the previous year. Total assets slightly declined, while the capital adequacy ratio also saw a slight decrease. The company did not declare dividends for the second quarter.

For further insights into JP:7217 stock, check out TipRanks’ Stock Analysis page.

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