Remixpoint Faces Profit Drop Amidst Stable Sales

Remixpoint, Inc. (JP:3825) has released an update.

Remixpoint, Inc. reports a marginal increase in net sales but a significant decline in profits for the quarter ending June 30, 2024, with operating profit, ordinary profit, and profit attributable to owners plummeting by more than 77%. Despite the drop in profits, the company’s equity ratio remains high at 89.2%. No dividends have been declared, and the forecast for the full fiscal year indicates a modest rise in sales but a substantial fall in profits.

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