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Asahi Broadcasting Group Reports Increased Sales and Profit Recovery

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Asahi Broadcasting Group Reports Increased Sales and Profit Recovery

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An announcement from Asahi Broadcasting Group Holdings Corporation ( (JP:9405) ) is now available.

Asahi Broadcasting Group Holdings Corporation reported a 1.4% increase in net sales for the nine months ending December 31, 2024, reaching ¥66,872 million. The company also saw a significant improvement in profitability, with operating profit and ordinary profit turning positive compared to the previous year. The financial position remained stable, and the company maintained its dividend forecast. This financial performance demonstrates the company’s recovery and stabilization in the market, potentially enhancing its position in the broadcasting industry.

More about Asahi Broadcasting Group Holdings Corporation

Asahi Broadcasting Group Holdings Corporation is a company listed on the Tokyo Stock Exchange, known for its operations in the broadcasting industry. The company is involved in providing television and radio broadcasting services, alongside other media-related activities, catering primarily to the Japanese market.

YTD Price Performance: 2.36%

Average Trading Volume: 59,919

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen26.74B

For detailed information about 9405 stock, go to TipRanks’ Stock Analysis page.

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