Urbanet Corporation Co., Ltd. (JP:3242) has released an update.
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Urbanet Corporation Co., Ltd. reported a significant decline in financial performance for the quarter ending September 30, 2024, with net sales dropping by 61.2% and an operating loss of ¥130 million. Despite this downturn, the company maintains its cash dividend forecast unchanged for the fiscal year. Urbanet projects a modest improvement in sales and profits for the fiscal year ending June 30, 2025.
For further insights into JP:3242 stock, check out TipRanks’ Stock Analysis page.