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Kitanotatsujin Corp. Reports Strong Profit Growth Despite Sales Decline

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Kitanotatsujin Corp. Reports Strong Profit Growth Despite Sales Decline

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Kitanotatsujin Corp. ( (JP:2930) ) just unveiled an announcement.

Kitanotatsujin Corporation reported a significant decrease in net sales by 18.3% for the nine months ending November 30, 2024, compared to the previous year. Despite the drop in sales, the company achieved an increase in operating profit and ordinary profit by 36.9% and 36.1% respectively, reflecting improved efficiency or cost management. The profit attributable to owners of the parent rose by 34.1%, indicating a positive impact on the company’s financial performance.

More about Kitanotatsujin Corp.

Kitanotatsujin Corporation is a company listed on the Tokyo and Sapporo stock exchanges, operating in an industry focused on providing products and services in the consumer sector.

YTD Price Performance: 3.33%

Average Trading Volume: 657,820

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: Yen21.54B

Find detailed analytics on 2930 stock on TipRanks’ Stock Analysis page.

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