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Colowide Co., Ltd. Reports Nine-Month Financial Results Amid Revenue Growth and Profit Decline

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Colowide Co., Ltd. Reports Nine-Month Financial Results Amid Revenue Growth and Profit Decline

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Colowide Co., Ltd. ( (JP:7616) ) just unveiled an update.

Colowide Co., Ltd. announced the completion of the quarterly review of its consolidated financial statements for the nine months ended December 31, 2024, with no changes to the earlier disclosed results. The company reported a revenue increase of 11.9% compared to the previous year, reaching 200,472 million yen, although profit before tax and profit attributable to owners of the parent decreased by 11.0% and 23.0%, respectively. The financial results indicate a strong revenue performance but highlight challenges in maintaining profit levels, which may impact the company’s strategic and operational decisions moving forward.

More about Colowide Co., Ltd.

Colowide Co., Ltd. operates within the food service industry, primarily focusing on the operation of restaurant chains. The company is listed on the Tokyo Stock Exchange under the PRIME market category.

YTD Price Performance: 2.28%

Average Trading Volume: 490,161

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen185.8B

See more data about 7616 stock on TipRanks’ Stock Analysis page.

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