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I-NET Corp. Announces Nine-Month Financial Results with Mixed Performance

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I-NET Corp. Announces Nine-Month Financial Results with Mixed Performance

An announcement from I-Net Corporation ( (JP:9600) ) is now available.

I-NET Corp. reported its financial results for the nine months ending December 31, 2024, showing a slight increase in net sales by 1.7% to 28,684 million yen compared to the same period in the previous year. However, the company experienced a notable decline in operating profit and ordinary profit, which fell by 26.2% and 26.8%, respectively. Despite these decreases, the full-year forecast predicts a modest growth in net sales and a marginal increase in profit attributable to shareholders, indicating a cautious but optimistic outlook for the coming year.

More about I-Net Corporation

I-NET Corp. operates in the technology sector, focusing on providing IT services and solutions. The company is listed on the Tokyo Stock Exchange and is involved in the development and management of various technology-driven services.

YTD Price Performance: 4.55%

Average Trading Volume: 23,357

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen26.41B

Find detailed analytics on 9600 stock on TipRanks’ Stock Analysis page.

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