OXIDE Corp. Faces Challenges Despite Revenue Growth

OXIDE Corp. (JP:6521) has released an update.

OXIDE Corporation reports modest year-on-year revenue growth in its latest six-month financial results, but faces a downturn with operating, ordinary, and net profits showing negative figures compared to the previous year. The company’s total assets increased, while net assets and equity ratio saw a slight decline. No dividends were paid or forecasted, and the full-year financial outlook suggests an optimistic increase in net sales, albeit with profits remaining negative.

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