I-Net Corp Reports Mixed Financial Results in Q3 FY2025

I-Net Corporation ( (JP:9600) ) has shared an update.

I-Net Corporation’s financial results for the third quarter of the fiscal year ending March 2025 indicate a year-on-year increase in net sales, driven by strong performance in information processing services and system development for financial and manufacturing sectors. However, operating profit decreased due to challenges in the first quarter and increased costs in cloud services. The company experienced growth in data center and cloud services sales, but profitability was impacted by rising costs and depreciation. Despite these challenges, new orders and business integration contributed positively to revenues.

More about I-Net Corporation

I-Net Corporation operates in the information technology industry, providing services such as data center and cloud services, system development, and information processing for various sectors, including financial, manufacturing, and space-related businesses. The company is focused on expanding its market presence and adapting to industry demands, particularly in system development for the energy and distribution industries.

YTD Price Performance: 4.36%

Average Trading Volume: 23,977

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen26.23B

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