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Cluster Technology Faces Profit Decline Yet Remains Strong
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Cluster Technology Faces Profit Decline Yet Remains Strong

Cluster Technology Co., Ltd. (JP:4240) has released an update.

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Cluster Technology Co., Ltd. reports a decline in operating profit by 49.4% and a 50.5% drop in profit for the quarter ending June 2024, compared to the same period last year. Despite the decrease in profitability, the company maintains a strong capital adequacy ratio of 92.2%. No dividends were declared for the second quarter of 2024.

For further insights into JP:4240 stock, check out TipRanks’ Stock Analysis page.

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