Metaplanet Inc. Reports Increased Sales but Net Loss
Company Announcements

Metaplanet Inc. Reports Increased Sales but Net Loss

Metaplanet KK (JP:3350) has released an update.

Metaplanet Inc. reports a significant increase in net sales year-on-year by 40.4% for the first half of 2024, reaching 168 million yen, despite experiencing a net loss attributable to owners of 176 million yen. The company’s total assets have more than doubled to 3,876 million yen as of June 2024, with an equity-to-asset ratio of 59.6%. Additionally, Metaplanet Inc. has not announced any cash dividends for the fiscal year and is currently reviewing its consolidated earnings forecast.

For further insights into JP:3350 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