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Corona Corporation Reports Modest Sales Growth Amid Profit Challenges
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Corona Corporation Reports Modest Sales Growth Amid Profit Challenges

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Corona Corporation ( (JP:5909) ) has provided an announcement.

Corona Corporation’s latest financial report shows a slight increase in net sales for the quarter ending December 2024, with a 2.6% rise from the previous year. However, there is a decline in key profit metrics, with operating profit down by 5.7%, ordinary profit by 6.5%, and profit attributable to owners of the parent by 8.0%. Despite these challenges, the company’s financial position remains stable, as indicated by a high capital adequacy ratio of 71.9%. The annual dividend forecast remains consistent at 28 yen per share, reflecting stability for stakeholders.

More about Corona Corporation

Corona Corporation is listed on the Tokyo Stock Exchange and operates within the general business category. The company engages in various industries, with a focus on providing products and services primarily within Japan.

YTD Price Performance: -1.04%

Average Trading Volume: 7,561

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen27.73B

Find detailed analytics on 5909 stock on TipRanks’ Stock Analysis page.

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