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Draft, Inc. Shows Strong Mid-Year Growth, Positive Outlook

Draft, Inc. Shows Strong Mid-Year Growth, Positive Outlook

Draft, Inc. (Japan) (JP:5070) has released an update.

Draft, Inc. reports a significant increase in their consolidated financial results for the first six months of 2024, with net sales up by 71.2% and a profit attributable to owners of the parent of 342 million yen, compared to a loss in the previous year. The company’s equity ratio improved to 55.4%, indicating a stronger financial position, and they project continued growth with a year-end profit forecast of 580 million yen. No changes in dividend forecasts, accounting policies, or major subsidiaries were reported in this period.

For further insights into JP:5070 stock, check out TipRanks’ Stock Analysis page.

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