TESS Holdings Co., Ltd. (JP:5074) has released an update.
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TESS Holdings Co., Ltd. experienced a challenging fiscal year ending June 30, 2024, with a significant decrease in operating profit by 65.5% and profit attributable to owners by 67.0%, despite a slight increase in ordinary profit. The company’s financial position showed strength, with total assets and net assets increasing to 119,128 million yen and 41,796 million yen, respectively. Looking ahead, TESS Holdings forecasts a 24.0% increase in net sales and a modest 1.2% rise in profit attributable to owners for the upcoming fiscal year ending in June 2025.
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