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An update from Urbanet Corporation Co., Ltd. ( (JP:3242) ) is now available.
Urbanet Corporation reported a significant decline in its consolidated financial results for the six months ended December 31, 2024, with net sales falling by 30.3% compared to the previous year. Operating profit also dropped by 87.9%, and the company recorded a net loss attributable to owners of ¥210 million. Despite these challenges, the company maintains its forecast for the fiscal year ending June 30, 2025, anticipating a recovery in net sales and profits.
More about Urbanet Corporation Co., Ltd.
Urbanet Corporation Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating primarily in the real estate industry. The company focuses on urban development projects, providing comprehensive property development services.
YTD Price Performance: 2.12%
Average Trading Volume: 274,147
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen14.59B
See more insights into 3242 stock on TipRanks’ Stock Analysis page.
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