tiprankstipranks
Kudan Inc. Reports Losses Due to Forex and Impairments
Company Announcements

Kudan Inc. Reports Losses Due to Forex and Impairments

Kudan, Inc. (JP:4425) has released an update.

Don't Miss our Black Friday Offers:

Kudan Inc. has reported a financial setback in the second quarter of the fiscal year, citing non-operating expenses due to foreign exchange losses and an extraordinary loss from impairment on fixed assets related to research and development. This contrasts with gains recorded in the previous quarter, impacting their financial results for the period ending September 30, 2024.

For further insights into JP:4425 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App