Intrance Co., Ltd. (JP:3237) has released an update.
Intrance Co., Ltd. reports a consolidated financial loss in the first quarter of FY2024, with net sales of 201 million yen and a loss attributable to owners of the parent of 88 million yen. The company’s equity ratio decreased by 12.1% year-on-year to 81.3%, and they are focusing on developing their hotel and real estate business, as well as increasing tourism from China. Despite the losses, there is an increase in net sales by 31.8% in the hotel operation segment compared to the previous year.
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