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Urbanet Corporation Co., Ltd. ( (JP:3242) ) has provided an announcement.
Urbanet Corporation reported a significant decline in its financial performance for the nine months ending March 31, 2025, with net sales dropping by 32.5% and operating profit plummeting by 97% compared to the previous year. This downturn reflects challenges in the real estate market, impacting the company’s profitability and financial stability, though the company maintains its forecast for the fiscal year ending June 30, 2025.
More about Urbanet Corporation Co., Ltd.
Urbanet Corporation Co., Ltd. operates within the real estate industry, focusing on property development and management. The company is listed on the Tokyo Stock Exchange and offers a range of real estate services aimed at enhancing urban living spaces.
Average Trading Volume: 129,234
Technical Sentiment Signal: Buy
Current Market Cap: Yen15.9B
See more insights into 3242 stock on TipRanks’ Stock Analysis page.